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Volkswagen Aktiengesellschaft (VOW.VI)
- Yahoo Finance
Volkswagen delays electric sedan launch in US, Canada citing 'market dynamics' as EV demand wanes
After a splashy New York City debut only one year ago, Volkswagen is reversing course and now says its ID.7 EV sedan isn’t coming to North America — at least for now.
- Yahoo Finance
EU automakers slip as China threatens retaliatory tariffs on luxury cars
The Chinese government threatened retaliatory tariffs on imports of European Union and US-made vehicles following the EU’s move to investigate Chinese EV subsidies and the White House’s tariff escalation on Chinese-made goods.
- Reuters
Volkswagen delays ID.7 EV launch in US, Canada
It was slated to be rolled out in the U.S. and Canada later this year. Global automakers including Ford, General Motors and Mercedes are rethinking their EV plans as the sector struggles with slowing demand. Earlier this year, Volkswagen told Reuters that it was sticking with its plans to launch 25 EVs in North America by 2030, but was ready to adjust as the market shifts.
