Alstom (EPA:ALSO), a leading player in the transportation sector, has finalized a deal to sell its rail manufacturing facility in Goerlitz, Germany, to defense consortium KNDS.

Size, thirst and low quality have dogged US attempts to sell vehicles to Europe, which is perceived as the world’s most ...

The transformation of the Goerlitz factory, located near the Polish border, into a combat-vehicle plant should be completed ...

General Motors said on Tuesday it had completed the full acquisition of its Cruise business to focus on developing the ...

German cars are popular in the United States, but U.S. cars are not as prevalent on German roads. One reason: tiny European ...

The Contitech division of automotive giant Continental has announced the closure of four factories in Germany, resulting in ...

Tesla’s stock value has surged since the presidential election, driven by investor optimism about deregulation under Trump.

There are now 25% tariffs on everything made in Canada and Mexico and this could increase to 50%. Trump promised to double ...

On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, ...