Volkswagen on Tuesday warned against the "harmful economic impact" of tariffs that U.S. President Donald Trump is proposing on imports from Mexico, where Europe's top carmaker operates a major factory.

The Volkswagen Group has raised alarms over U.S. President Donald Trump’s proposed tariffs on Mexican imports.

Volkswagen is looking forward to working with the new U.S. administration, the German carmaker said on Tuesday, and stressed the importance of dialogue amid concerns about the impact of tariffs proposed by President Donald Trump.

Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites , a person with knowledge of Chinese government thinking told Reuters.

CFO Arno Antlitz, speaking to investors in New York on Tuesday, said that the cost-cutting deal struck with unions last December tackled the carmaker's problems of high labour costs and capacity underutilisation.

Lithium project developer Patriot Battery Metals has completed a private placement, raising C$69-million through a strategic investment from Volkswagen . The investment gives the German automotive giant a 9.

Volkswagen is discontinuing manual transmissions for the GTI and Golf R, despite a notable spike in demand from U.S. enthusiasts.

Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told Spiegel magazine in comments published on Friday.

Volkswagen amended its previously announced offer to UAW employees at its Chattanooga, Tennessee plant to include profit sharing, cost of living adjustments (COLA) and a 25% raise over five years after recent pay boosts.

Rivian's recent delivery and production numbers exceeded expectations, driven by a crucial partnership with Volkswagen. Read why I rate RIVN stock a Hold now.

The ailing German brand, facing plant closures at home and declining sales of its once vaunted EVs, hopes the ID. Buzz can revitalize consumer interest.

Mike discusses his holidays with the new Volkswagen ID.Buzz and Kyle drives the Mustang Mach-E.We talk about the upcoming Acura RSX, Subaru Crosstrek Hybrid, and the Honda CR-V Trailsport.As well, we cover the Tesla Cybertruck getting a discount.