New passenger car registrations from Chinese brands, regardless of production location, surpassed those from Japanese brands for the first time in the latest quarter (Q2 2026), making them the largest group of Asian brands for the first time.

New passenger car registrations from Chinese brands, regardless of production location, surpassed those from Japanese brands for the first time in the latest quarter (Q2 2026), making them the largest group of Asian brands for the first time.

If Xpeng's L03 is a success, it could end up contributing to being the straw that breaks its equity partner's back, on its home turf, potentially dragging the Volkswagen brand's West European market share below 10%, for the first time since 2004, at precisely the moment that it desperately looks to steady the ship.

Manager Magazin's reported 100,000 cull of VW Group jobs, would double the original plan to slash 50,000 jobs across the Group by 2030, which have been primarily driven through voluntary and early retirement programs up to now, with more than half of the planned departures already signed. Western Europe's xEV plug-in passenger car market, consisting of plug-in hybrids and pure BEV electric cars, is not only seeing volumes outpace US volumes by a factor of four this year, but

Manager Magazin's reported 100,000 cull of VW Group jobs, would double the original plan to slash 50,000 jobs across the Group by 2030, which have been primarily driven through voluntary and early retirement programs up to now, with more than half of the planned departures already signed. Western Europe's xEV plug-in passenger car market, consisting of plug-in hybrids and pure BEV electric cars, is not only seeing volumes outpace US volumes by a factor of four this year, but

Manager Magazin's reported 100,000 cull of VW Group jobs, would double the original plan to slash 50,000 jobs across the Group by 2030, which have been primarily driven through voluntary and early retirement programs up to now, with more than half of the planned departures already signed.