Tag: Volkswagen

Volkswagen CEO outlines urgent cost-cutting measures

Volkswagen Group CEO Oliver Blume recently emphasized the critical need for urgent measures to reduce labor costs and…

Volkswagen CEO says it’s not a ‘fantasy world’ as 100,000 workers strike

Volkswagen CEO Faces Backlash as Plants Close and Jobs are Lost (Source: Audi AG) Volkswagen CEO Olivier Blume…

Volkswagen warning strikes Germany

Volkswagen employees in Germany have initiated warning strikes over potential mass layoffs, wage reductions, and the looming threat…

Volkswagen, SAIC sell stakes in Xinjiang plant

Volkswagen Group has officially announced the sale of its stake in a contentious plant located in China's Xinjiang…

Volkswagen Is Planning a Major Design Overhaul With More Buttons

Volkswagen is currently facing plant closures and massive layoffs, which has impacted its sales and reputation in the…

Volkswagen writes down EV battery maker Northvolt’s stake

Volkswagen has recently announced a substantial write-down of its 21% stake in the Swedish battery cell manufacturer, Northvolt.…

Volkswagen CEO says layoffs and plant closures necessary for cost savings

Volkswagen CEO Thomas Schaefer has announced that the automotive giant sees no alternative to layoffs and plant closures…

Volkswagen union proposes $1.6bn cost cuts to avoid plant closures- report

Volkswagen's workers union has put forward a proposal for $1.6 billion in cost savings, with the condition of…

Volkswagen to overhaul entire electric car line-up in 2026

Volkswagen to Launch Updated ID Models in 2026 Volkswagen has announced plans to launch heavily updated versions of…

Farm-fegnugen? Volkswagen rolls out an electric tractor

Volkswagen Group Africa has officially launched production of a cutting-edge electric farm tractor at its state-of-the-art facility in…

Volkswagen: the end of a German industrial myth?

But Volkswagen’s problems are not limited to China. In India, its sales have been steadily declining, and in…

GAC Aion UT revealed in official images as Volkswagen ID.3 rival

GAC has unveiled the Aion UT hatchback, designed specifically for urban commutes, posing a threat to the Volkswagen…