Investing.com -- Volkswagen expects to sign an agreement with a local partner in India this year, according to Klaus Zellmer, CEO of its Skoda brand. The German automaker continues to work toward building larger operations in the world's third-largest car market.

NEW DELHI, Aug 19 (Reuters) - Volkswagen expects to sign a deal with a local partner in India this year, the CEO of its Skoda brand, Klaus Zellmer, said, as the German group struggles to build scale

Skoda Auto CEO Klaus Zellmer told the Economic Times that the company is “within weeks” of signing a memorandum of understanding (MoU) with a potential Indian partner, adding that relinquishing majority ownership “is not an issue.”

Hesai Group (NASDAQ:HSAI) reported second-quarter 2026 revenue growth and a fifth consecutive quarter of GAAP profitability, while outlining an expanded strategy centered on LiDAR, spatial intelligence and robotic actuation modules. Total net revenue rose approximately 22% year over year to RMB 861

The company announced the new CEO began his role on Monday. He is the third person appointed to the position full time since the company was formed via the merging of Waste Harmonics and Keter Environmental.

Scarcity is the oldest pricing trick in luxury, and it only works when the scarcity is real. Anyone can print “limited edition” on a box. Very few companies can cap production at a hard number, refuse to move it, and still watch buyers pay a premium for the privilege of waiting a year to take ...

Mobileye Global (NASDAQ:MBLY) said inventory held by its Tier 1 customers stood at roughly five weeks, compared with a typical range of four to five weeks, as automakers maintain somewhat higher safety stock amid supply-chain constraints. Speaking at Canaccord Genuity’s growth conference, Chief Com

Volkswagen (XTRA:VOW3) is back in focus after reports it will appoint outgoing Audi sales chief Marco Schubert to lead its US business, with a fresh push into pickups and large SUVs. See our latest analysis for Volkswagen. For context, Volkswagen’s 30 day share price return is slightly positive at 1.47%. However, the share price is down 17.06% over 90 days and year to date it has fallen 31.48%. The 1 year total shareholder return is also down 21.31%. Together, these figures point to weak...

Volkswagen sits in the spotlight after analysts trimmed the average price target from €109 to about €105, with individual updated targets clustering around €115 and €94. The shift reflects fresh research that balances continued Buy ratings and partnership upside with a more cautious stance on execution risk and valuation headroom. As you read on, you will see how these revisions shape the evolving narrative around Volkswagen and how to keep track of the next moves. Stay updated as the Fair...

Volkswagen stock has put investors under pressure, with the share price down about 39.4% over the past five years even though the broader valuation checks currently lean cheap on several measures. Recent news around restructuring plans, competitive strain in China and operational risks has only sharpened the focus on what the current price actually reflects. Over the past five years, Volkswagen has delivered a share price decline of roughly 39.4%, which raises the question of whether the...

ECARX (NASDAQ:ECX) executives outlined the automotive technology supplier’s global expansion strategy, product portfolio and financial targets during a JPMorgan conference session, highlighting partnerships with major automakers and continued investment in software, silicon and artificial intelligen

ECARX (NASDAQ:ECX) reported a second-quarter rebound in revenue and shipments as new vehicle launches accelerated and higher-end computing platforms accounted for a larger share of its business. The company reaffirmed its full-year 2026 revenue outlook of $1 billion to $1.1 billion while discussing

After decades of winning over Chinese buyers with its German engineering, Mercedes-Benz Group AG sold only 1,153 units in China in the first half of 2026, a fraction of the more than 80,000 similarly priced SU7 sedans Xiaomi Corp. delivered in the period. The performance echoes the challenges BMW AG, Volkswagen AG and Porsche AG face in China, where they all reported second-quarter sales declines of at least 30%, worse than the overall market's drop. Bloomberg's William Wilkes reports.

Rivian's R2 ramp and software gains support growth, but heavy cash burn, execution risks and elevated capital needs keep the stock a Hold.

VW is reviewing its entire US model range and several models could be dropped, but a pickup may be added .

One group that doesn’t want the Iran war to end soon is China’s electric-vehicle makers. The crisis in the Middle East is helping them export their way out of trouble: Chinese carmakers are sending excess supply to overseas markets, where high gasoline prices are prompting more drivers to buy EVs. The market share of traditional carmakers is the big casualty.