Business
Volkswagen drops to third in China sales as fast-growing Geely Auto pips it
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs Volkswagen was overtaken by…
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Volkswagen
Business
Volkswagen budget cuts force battery unit to seek external funds
PowerCo is considering bank loans, external investors and a potential public offering Volkswagen’s battery business is being forced to…
Business
Volkswagen to export Chinese-made cars to more overseas markets
It has no plans to export them to Europe due to a difference in electronic architecture and software technology for smart vehicles [HEFEI,…
Business
Volkswagen pares India EV development costs amid hunt for a partner
The spending cuts also reflect growing caution among global carmakers balancing investment between India, China and western markets…
Fashion
Volkswagen to develop chip for China smart cars with Horizon Robotics
The move would deepen the carmaker’s research and development capability ‘in China, for China’ Volkswagen said on Wednesday (Nov 5) that…
News
Volkswagen skids into the red on US tariff hit, Porsche woes
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…
Culture
Volkswagen says 20,000 workers agree to early exits
Volkswagen said about 20,000 employees will voluntarily leave the company by the end of the decade as the carmaker restructures its German…
News
Mercedes-Benz and Volkswagen Facing Uncertainty With Tariffs
European carmakers, including Mercedes-Benz, Stellantis and Volkswagen, said Wednesday that the chaos and upheaval caused by the tariffs…
News
Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
President Trump’s tariffs on imported cars and auto parts could stall the growth of electric vehicles, setting back a technology critical…
News
Volkswagen floats making Audis in US to swerve Trump tariffs
[Berlin] Volkswagen could relocate some production of its high-end Audi line to dodge US tariffs on automobiles ordered by US President…
News
Volkswagen says first-quarter profits impacted by Trump tariffs
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had…
Culture
Volkswagen is cutting thousands of jobs but still dwarfs global rivals
Job cuts are coming thick and fast from Volkswagen (VW). Just since December, it’s announced plans to reduce its German workforce by…
Business
Volkswagen sues India to quash ‘enormous’ US$1.4b tax demand, legal filing shows
Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of US$1.4 billion, arguing that the ask is…
News
Troubled European carmakers to talk fines and EVs with EU
Europe's biggest carmakers will converge on Brussels for talks this week as the EU seeks to chart a way forward for an embattled industry…
Business
Volkswagen boss hails cost-cutting deal but shares fall
Volkswagen is struggling with high costs and rising competition in China (Ronny HARTMANN) Volkswagen's chief executive welcomed a deal to…
Business
Volkswagen unveils major job cuts in cost-saving drive
Crisis-hit auto giant Volkswagen said on Friday (Dec 20) it planned to axe 35,000 jobs by 2030 in Germany after reaching an agreement with…
News
Scholz hails VW wage agreement as a 'socially responsible solution'
German Chancellor Olaf Scholz speaks during a press conference on the sidelines of the European Council summit. Gaetan Claessens/European…
Business
Volkswagen, employee representatives reach wage deal after tough negotiations
FRANKFURT, Germany (AP) — Volkswagen's employee representatives said Friday they have reached a wage deal that wards off management…
Business
High-stakes labour talks resume at German carmaker Volkswagen
A VW employee participates in an IG Metall rally outside the hotel hosting the fifth round of collective bargaining between Volkswagen and…
Business
Volkswagen braces for fresh strikes as salary cut talks resume
Workers at Europe's largest carmaker, Volkswagen, are set to launch rolling strikes at nine plants in Germany for the second time in a…
Business
Volkswagen faces more costly walkouts as union talks enter fourth round
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…
News
VW workers in Germany to walk off assembly lines again on Monday
Volkswagen workers plan to launch rolling four-hour strikes on Monday, ratcheting up the pressure on management on the same day that a…
Business
Volkswagen CEO clashes with workers as conflict over closures, pay deepens
VOLKSWAGEN’S (VW) CEO and labour boss clashed during a staff meeting on Wednesday (Dec 4), with management pushing for major cuts while…
Business
Volkswagen workers initiate warning strikes
Volkswagen employees across Germany have begun warning strikes, over potential mass layoffs, wage reductions and the threat of plant…