Patricia Nilsson

Billionaire family in control of Volkswagen and Porsche to further diversify from auto sector

Ukrainian refugee Kateryna Halkina hopes lessons from UK MBA will help with postwar recovery

Announcement comes as luxury-car maker warned of lower profitability, well below its long-term target

Finance chief’s caution comes as company revises cash flow guidance upwards

The carmaker’s cutbacks come as frustration over economic decline is fuelling a surge in support for the far right

Sports-car maker takes hit to margins after disappointing reaction to electric models

Air defence radar maker Hensoldt offers to hire laid off engineers from Bosch and Continental as automotive job cuts rise

Fall comes as consumers in world’s largest car market increasingly opt for domestic brands

German carmaker’s majority owner is taking a hardline in support of cost cuts

Management and unions at carmaker will hold a fifth round of talks on Monday over planned factory closures and job cuts