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New unit will allow Europe’s largest privately owned cinema chain more control over content

Savings programme launched last year has fallen short by several billions of euros at group’s flagship brand

Success in Asia contrasts with decline in electric vehicle sales in Europe after end of consumer subsidy

Unions warn decision could cost Europe’s largest automaker ‘billions’ if no alternative deal is found

The lower guidance comes the carmaker looks to close plants in Germany for the first time in its 87-year history

German group is scaling down manufacturing as it struggles with falling demand and shift to electric vehicles

German carmaker hired consultancy and local law firm to look into factory after complaints by investors and rights groups

Move risks ‘retaliation’ against international brands in the country, German carmaker’s brand chief tells FT car summit

Union IG Metall said 66,000 workers at nine factories, including the Wolfsburg headquarters, had walked out

Top executives at Cariad unit sidelined in a deal that has upended German carmaker’s tech strategy