Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands ...

The German carmaker reported that FY25 earnings after tax fell 44.3% year-on-year to €6.90bn, a result that multiple reports ...

German automaker Volkswagen plans to cut 50,000 jobs by 2030 as profits fall due to increased competition with Chinese ...

Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as its profit slid to its lowest ...

Volkswagen is cutting 50,000 jobs in Germany after profits fell to a 10-year low. Premium brands Audi and Porsche, plus software unit Cariad, will be affected.

The Volkswagen Group today released fourth-quarter and full-year 2025 financial results, and two things stand out more than anything. The operating profit has plunged 53.5% to €8.9 billion ($10.35 ...

Volkswagen plans to sell 25 all-electric models in the U.S. by 2030, all of which will qualify for the full $7,500 federal tax credit under new Inflation Reduction Act (IRA) rules, the top U.S.

Volkswagen Group has been making bold claims regarding electric vehicles on a regular basis ever since first announcing its ID family of dedicated EVs. Now with the ID.3, ID.4, and ID.6 on sale (the ...

Lufthansa pilots have called a two-day strike amid a dispute over pension payments. Meanwhile, Volkswagen says it plans to ...

Volkswagen said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016.