Tag
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs Volkswagen was overtaken by Geely Auto in sales in China last year, dropping to…
PowerCo is considering bank loans, external investors and a potential public offering Volkswagen’s battery business is being forced to seek external financing after the German carmaker cut…
It has no plans to export them to Europe due to a difference in electronic architecture and software technology for smart vehicles [HEFEI, China] Volkswagen plans to export cars developed…
The spending cuts also reflect growing caution among global carmakers balancing investment between India, China and western markets Volkswagen is slashing costs of developing electric…
The move would deepen the carmaker’s research and development capability ‘in China, for China’ Volkswagen said on Wednesday (Nov 5) that CARIZON, its joint venture with China’s Horizon…
Volkswagen’s operating loss in Q3 was down from a 2.8-billion-euro operating profit for the group a year earlier An expensive course correction at subsidiary Porsche dealt Volkswagen a…
Volkswagen said about 20,000 employees will voluntarily leave the company by the end of the decade as the carmaker restructures its German operations to cope with uneven demand for…
European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs introduced by President Trump had left them…
President Trump’s tariffs on imported cars and auto parts could stall the growth of electric vehicles, setting back a technology critical to addressing climate change. But the tariffs…
[Berlin] Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by US President Donald Trump, the German carmaker’s chief executive…
Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of US$1.4 billion, arguing that the ask is contradictory to New Delhi’s import taxation rules for car…
Volkswagen is struggling with high costs and rising competition in China (Ronny HARTMANN) Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in…
German Chancellor Olaf Scholz speaks during a press conference on the sidelines of the European Council summit. Gaetan Claessens/European Council/dpa German Chancellor Olaf Scholz has…
FRANKFURT, Germany (AP) — Volkswagen's employee representatives said Friday they have reached a wage deal that wards off management proposals for plant closings in Germany and bars…
A VW employee participates in an IG Metall rally outside the hotel hosting the fifth round of collective bargaining between Volkswagen and IG Metall, amid negotiations over savings at VW.…
Workers at Europe's largest carmaker, Volkswagen, are set to launch rolling strikes at nine plants in Germany for the second time in a week on Monday. The strikes ratchet up the pressure…
VOLKSWAGEN (VW) workers are poised to walk off their jobs for a second time this month on Monday (Dec 9) as management and labour leaders enter a fourth round of talks over painful cuts at…
Volkswagen workers plan to launch rolling four-hour strikes on Monday, ratcheting up the pressure on management on the same day that a fourth round of negotiations over pay cuts and…
VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while workers warned of more strikes if plant closures…
Volkswagen employees across Germany have begun warning strikes, over potential mass layoffs, wage reductions and the threat of plant closures. The industrial action, led by labour union IG…
WORKERS at nine Volkswagen car and component plants across Germany started strikes lasting several hours on Monday (Dec 2), bringing assembly lines to a halt as labour and management clash…
Tens of thousands of Volkswagen workers will participate Monday in strikes at plants across Germany, labor union IG Metall said, marking the largest walkouts at the carmaker’s domestic…
Thomas Schaefer, Volkswagen Brand Board Member, speaks at the "50 Years of Golf Production" ceremony at the VW plant. Moritz Frankenberg/dpa Volkswagen is sticking to its plans for factory…
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even…
