433 news articles matched
Tag: Autos Volkswagen
VW, BMW top Tesla for new electric vehicles in Germany
11 November 2024
MUNICH: Sales of Tesla electric vehicles have slipped further in the German market during 2024, according to registration data from the country's motor Transport Authority (KBA).
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VW cost cutting necessary after 'decades of structural probl...
04 November 2024
BERLIN: Volkswagen's planned cost-cutting programme was unavoidable in order to remedy "decades of structural problems" at the German carmaker, CEO Oliver Blume said in an intervie...
VW demands 10% wage cuts to save jobs as profits plunge
01 November 2024
WOLFSBURG: Volkswagen asked its workers to take a 10% pay cut on Wednesday, arguing it was the only way that Europe's biggest carmaker could save jobs and remain competitive as pro...
VW labour chief sounds alarm on mass layoffs, three German p...
29 October 2024
WOLFSBURG: Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots ...
VW’s Scout Motors adds new hybrid models
25 October 2024
LOS ANGELES: Volkswagen AG’s forthcoming Scout line of battery-powered sport utility vehicles and pickup trucks is adding gasoline-fueled internal combustion engines to the mix.
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VW manager deported from China after alleged Thailand drug u...
24 October 2024
HONG KONG: A senior Volkswagen AG executive in China was deported to Germany after being held over alleged drug use, according to local police and media reports, as trade tensions ...
VW, BMW and Mercedes are getting left in the dust by China’s...
17 October 2024
SHANGHAI: Ryan Xu was a dream customer for Germany’s automakers.
The Guangdong-based entrepreneur and her husband own a Porsche 911 and a Mercedes-Benz G-Class and were among th...
VW Tayron debuts, fills gap between Touareg and Tiguan
10 October 2024
WOLFSBURG: Volkswagen has unveiled the new Tayron, a large SUV offering five or seven seats, positioned between the premium Touareg and the mid-range Tiguan.
The Tayron boasts a...
VW to roll out 8 new electric models by 2027, says brand chi...
10 October 2024
BERLIN: Volkswagen brand aims to win back market share with eight new affordable electric models to be rolled out by 2027, brand head Thomas Schaefer told the publication auto moto...
Let Chinese automakers avert tariffs by investing in EU, say...
07 October 2024
FRANKFURT: The CEO of Volkswagen said the European Union should consider adjusting planned tariffs against China-made electric vehicles to make allowances for investments made in E...
VW ID.7 Pro S1 travels 794km, exceeds official range by 85km
03 October 2024
WOLFSBURG/ZURICH: Volkswagen is going through a bad patch now what with declining car sales and having to close some plants and setting itself up for a bitter fight with powerful u...
Volkswagen’s second profit warning exposes a carmaker in dec...
30 September 2024
BERLIN: Volkswagen AG’s second profit warning in three months makes one thing clear: Europe’s biggest automaker is in decline.
The German manufacturer last Friday slashed expect...
Volkswagen crisis pits CEO against union boss
25 September 2024
FRANKFURT: Volkswagen managers and workers representatives will start crunch talks in Hanover on Wednesday, following the German group's announcement that drastic cost-cutting meas...
VW ceases Polo production in Europe as it pivots towards aff...
24 September 2024
WOLFSBURG: Volkswagen has ended production of its Polo model in Europe after 40 years, marking a big shift in the company’s manufacturing strategy.
Built at its Spanish plant in...
VW targets job cuts in China to lower costs
23 September 2024
BEIJING: Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the next three years.
The cuts amount to severa...
Germany considering ways to support VW, says economy ministe...
20 September 2024
FRANKFURT/BERLIN: Germany's government is considering ways to support Volkswagen, German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the t...
VW and China partner SAIC set to close car plant as sales sh...
18 September 2024
SHANGHAI: Volkswagen AG and its oldest Chinese partner plan to shutter one plant in China and possibly more in response to slowing demand for combustion-engine cars, in a further p...
VW launches all-new Transporter at Hanover trade show
16 September 2024
HANOVER: Volkswagen Commercial Vehicles unveiled on Sunday the all-new, seventh-generation Transporter at the IAA Transportation 2024 here, marking a significant evolution of its i...
Europe pulls back from EV shift
06 September 2024
WOLFSBURG: Europe is stalling for time in the electric-car race as the region’s automakers struggle with the transition and politicians become wary of fueling voter frustrations.
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Germany hit by VW’s slow decline
05 September 2024
WOLFSBURG: On a Monday afternoon in mid-August, workers at Volkswagen AG’s electric vehicle factory in Zwickau shuttled stony-faced between car frames and platforms.
The plant w...
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