Topic
Volkswagen
25 stories related to this topic, newest first.
rte.ieworld8 hrs ago
Volkswagen plans to cut 100,000 jobs
Volkswagen is considering cutting up to 100,000 positions, including 50,000 additional roles, according to an internal memo from its chief executive. The automaker faces pressure from a competitive car market and its stock has reached a 16-year low.
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news.google.combusiness1 day ago
Volkswagen Board Rejects CEO Restructuring Plan in 12-7 Vote
The supervisory board turned down proposals to cut 100,000 jobs and close four German plants. It approved a reduction in global production capacity by one million vehicles.
Abc Newsbusiness1 day ago
Volkswagen CEO Seeks Alternatives to Plant Closures
Oliver Blume said more intelligent solutions exist than closing plants. The comments follow a cost-cutting program that lowered German factory costs 20 percent last year.
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automotiveworld.combusiness2 days ago
Volkswagen Group China Deliveries Fell 36.6 Percent, Global Sales Dropped 8.6 Percent
Volkswagen Group reported a sharp drop in China sales for the April-June period that pulled down its global deliveries. The company said it would reduce its model lineup by up to half.
cnet.comfinance4 days ago
Volkswagen Unveils 12-Point Restructuring Plan to Cut Capacity and Complexity
Volkswagen announced a restructuring plan that includes reducing annual production capacity to 9 million vehicles, cutting model range by up to 50 percent, and lowering product complexity by up to 75 percent. The company's works council rejected plant closures and said it will su…
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world4 days ago
Volkswagen Board Reviews Model Reductions After First-Quarter Results
Volkswagen announced plans to reduce its vehicle lineup by as much as half following a board meeting. The move aims to lower costs amid a 28 percent drop in first-quarter profit to €1.6 billion and a 20 percent sales decline in China.
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news.sky.combusiness4 days ago
Volkswagen to Reduce Annual Production Capacity to 9 Million Vehicles
Volkswagen announced adjustments to its global production capacity and model lineup. The changes respond to shifts in market conditions and heightened competition.
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The Guardianworld4 days ago
Volkswagen Proposes Up to 100,000 Job Cuts and Factory Closures, Subject to Supervisory Board Vote
The plan will face its first formal review by the supervisory board on Thursday. IG Metall has scheduled demonstrations at 18 German sites the same day.
politics5 days ago
Volkswagen to Propose Up to 100,000 Job Cuts as Union Plans Protests at Thursday Board Meeting
Volkswagen will present plans for as many as 100,000 job cuts by 2030 to its supervisory board in Wolfsburg. The German Association of the Automotive Industry called for foreign ownership of some plants to preserve employment amid excess capacity.
electrek.cofinance12 days ago
Tesla Electric Semi Involved in Fatal Crash in Nevada
A Tesla electric Semi struck a Volkswagen Beetle at a highway intersection in Dayton, Nevada, killing both occupants of the smaller vehicle. The cause remains under investigation, with preliminary statements suggesting the truck driver may have fallen asleep.
upi.comfinance16 days ago
Volkswagen Plans Up to 100,000 Job Cuts and Four German Plant Closures
Volkswagen announced plans to cut up to 100,000 positions worldwide and close four plants in Germany. The reductions target roughly one-sixth of its 625,000-person global workforce.
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deccanchronicle.comworld17 days ago
Volkswagen Weighs Closing Four German Plants and Cutting Up to 100,000 Jobs
Volkswagen is evaluating the shutdown of four German factories and the elimination of as many as 100,000 positions. The moves would represent the largest restructuring in the automaker's history.
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nbcnews.comtechnology17 days ago
Volkswagen Considers Closing Up to Four German Plants and Cutting 15 Percent of Jobs After 44 Percent Profit Drop
Volkswagen Group is considering the closure of up to four factories in Germany along with layoffs that would shrink its workforce by 15 percent. The steps follow a 2025 in which profits fell 44 percent despite flat sales.
bstrategyhub.combusiness27 days ago
Leaked Volkswagen Survey Shows All Nine Board Members Back Radical Strategy Change
All nine board members back a radical strategy shift and criticize the company's approach in China and North America, according to an internal survey obtained by @FirstSquawk.
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financialpost.comworld28 days ago
Renault, Volkswagen, and Stellantis Urge EU Rules Requiring Most Components Made in Europe
@zerohedge reported that the three automakers called for local content requirements and incentives for vehicles developed and produced in Europe. The proposal targets competition from Chinese electric vehicle makers.
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Financial Timesfinance61 days ago
Xpeng in Talks With Volkswagen About Acquiring European Factory
Chinese electric vehicle maker Xpeng is in discussions with Volkswagen about purchasing one of its factories in Europe. The company is also exploring construction of an entirely new plant on the continent. The moves would mark Xpeng's first manufacturing presence in Europe.
marketwatch.comfinance62 days ago
EQT AB Seeks Qatari Funding for Potential Bid on Volkswagen Marine Engine Unit
Swedish buyout firm EQT AB is obtaining funding from the Qatari sovereign wealth fund as it prepares a binding offer for Volkswagen’s large marine engine business. The bid is due next month. People with knowledge of the matter reported the development.
interestingengineering.comfinance70 days ago
Volkswagen to Repurpose Factory for Iron Dome Components; Renault to Manufacture Drone Structures in France
Volkswagen is negotiating with Israel's Rafael Advanced Defense Systems to convert its Osnabrueck factory, slated for 2027 closure, into a site for Iron Dome missile defense parts. Separately, Renault Group announced a January partnership with Turgis Gaillard to produce drone str…
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technode.comworld80 days ago
Xpeng Expects Large-Scale Production of Flying Cars in 2027 and Robots in 2026
Chinese electric vehicle maker Xpeng anticipates beginning large-scale production of its flying cars next year, with full-scale deliveries planned for 2027. The company also expects to start production of humanoid robots in the fourth quarter of 2026. Additionally, Xpeng sees pot…
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ecns.cnai82 days ago
Volkswagen to Add AI Voice Agents to China Cars Starting Second Half of 2026
Volkswagen announced it will incorporate AI agents for voice control of car features in its vehicles in China. The technology draws from local firms like Tencent, Alibaba and Baidu, using a locally trained model that runs on the car. The move aligns with increased R&D localizatio…
automotiveworld.comtechnology88 days ago
Volkswagen to Launch ID.3 Neo in Europe and End ID.4 Production in US by 2026
Volkswagen introduced the ID.3 Neo electric crossover for the European market with pre-sales starting April 16, 2026. Concurrently, the company announced it will cease production of the ID.4 electric SUV in the U.S. by mid-April 2026, while continuing to supply existing inventory…
bstrategyhub.comworld91 days ago
Volkswagen Reports 4% Decline in Global Vehicle Deliveries for First Quarter of 2026
Volkswagen reported a 4% fall in global deliveries for the first three months of 2026. Weak demand in China contributed to the decline. Weak demand in the U.S. also affected the company's performance.
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Substrate placeholder — needs reviewtechnology94 days ago
Volkswagen Plans to End Electric Vehicle Production at Tennessee Plant
Volkswagen announced it will cease electric vehicle production at its plant in Chattanooga, Tennessee. The decision reflects a shift toward hybrid models amid slowing EV demand. The move affects operations at the facility, which currently produces models like the ID.4.
app.buzzsumo.comtechnology96 days ago
Volkswagen Starts Testing Autonomous Microbuses in Los Angeles for Uber Partnership
Volkswagen has begun testing its self-driving ID. Buzz vehicles in Los Angeles. The tests prepare for a planned launch of autonomous ride-hailing services with Uber in the region. The initiative involves commercial vehicles equipped with Moia technology.
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Substrate placeholder — needs reviewworld99 days ago
B.C. Parks Closes Squamish Climbing Area to Remove Suspended Volkswagen Beetle
B.C. Parks has closed a popular rock climbing area near Squamish, British Columbia, due to a hollowed-out Volkswagen Beetle suspended on the rock face, which poses a public safety risk. The Squamish Nation stated the site is sacred and the placement of the vehicle is disrespectfu…