Board cuts at VW, Mercedes and Stellantis signal a deeper crisis facing European automakers — one that cost-cutting alone won’t solve, experts say.

The China Electronic Architecture, or CEA, architecture consolidates vehicle electronics into centralized zones, reducing complexity and lowering costs.

VW is shipping vehicles from China to the Middle East and Southeast Asia. It’s also eyeing selling Chinese models in Africa and South America, CEO Oliver Blume said.

The Federal Reserve kept its benchmark interest rate target at 3.5 percent to 3.75 percent, offering no immediate relief for dealers and buyers as vehicle payments rise.

General Motors took more than $7 billion in charges related to scaling back electric vehicle production, reducing net income.

General Motors took more than $7 billion in charges related to scaling back electric vehicle production, reducing net income.

Porsche’s new design chief Tobias Sühlmann must evolve the brand’s iconic styling across sports cars, SUVs and EVs amid sales declines, China weakness and a reset of its electric strategy.

General Motors took more than $7 billion in charges related to scaling back electric vehicle production, reducing net income.

Steve Blasing, chairman of the Ford National Dealer Council, said he’s optimistic about Ford’s future product plan and believes retailers can have another strong year, despite losing the entry-level ...

Stellantis says it will be “more aggressive” commercially this year, cutting prices and repositioning some brands to get volumes back.

Genesis follows Volkswagen and Stellantis in rolling back agency models in Europe, citing scalability concerns and need for dealer market knowledge.

Investors say the CEO faces a defining test this year to prove he can stem a slide in China and close a tech gap with rivals, both seen as essential to VW's turnaround.