4 days ago
Volkswagen profit plunges 61% on tariffs, Porsche crisis, Volkswagen reported a steep 61% drop in profit for the first three quarters of 2025, with the German automaker hit by a double blow of U.S. tariffs and a costly strategic reversal at its Porsche subsidiary. The crisis has triggered a leadership shake-up at the luxury brand and raised questions about the future of Europe's largest carmaker. #Volkswagen #Porsche #EVMarket #AutoIndustry #Tariffs #Germany #BusinessNews #electricvehicles https://www.perplexity.ai/...
Tariffs and Porsche woes slash Volkswagen profit by 61%
Volkswagen has taken a heavy financial hit this year, with tariffs and troubles at its luxury brand Porsche wiping out much of its earnings.
https://www.dagens.com/autos/tariffs-and-porsche-woes-slash-volkswagen-profit-by-61
4 days ago
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Xiaomi outsells Tesla in China for first time. Xiaomi sold 48,654 electric vehicles in China during October 2025, surpassing Tesla's 26,006 units for the first time, according to data released by the China Passenger Car Association. The milestone marks Tesla's weakest monthly performance in the country in three years and signals a shift in the world's largest EV market as Chinese consumers increasingly favor domestic brands #EVMarket #tesla #Xiaomi #ChinaAuto #electricvehicles #TechNews #innovation #Automotive #MarketTrends https://www.perplexity.ai/...
Xiaomi EV delivers 48,654 cars in Oct, with YU7 SUV contributing 69% - CnEVPost
From January to October, Xiaomi EV has delivered 315,376 vehicles, nearing its full-year target of 350,000 units.
https://cnevpost.com/2025/11/10/xiaomi-ev-delivers-48654-cars-oct-2025/