Britain’s plan to stop selling new petrol and diesel cars has been rewritten so many […] ...
Volkswagen plans to cut up to 50,000 jobs in Germany by 2030 after profits dropped sharply in 2025. The automaker faces pressure from Chinese competitors, US tariffs and slowing EV demand. Management ...
The government's plan to phase out petrol and diesel cars has been blasted as unrealistic and a 'fantasy' by the UK's ...
Volkswagen sold over 100,000 vehicles in China last month, overtaking BYD and Toyota as the top-selling car brand. To ...
Fitch notes that the pool's collateral quality is consistent with previous transactions. The current deal has a FICO score of ...
Volkswagen said on Friday it has begun mass production of its first model developed jointly with Chinese EV maker Xpeng , as ...
Planned savings and job cuts at Volkswagen could also spill over to the car maker's Bundesliga football club Wolfsburg, Volkswagen Group CEO Oliver Blume has said. "We also need to make improvements ...
Volkswagen job cuts target 50,000 roles as profits fall 44% amid China competition, U.S. tariffs, and EV transition ...
Volkswagen reported a 54% drop in pre-tax profits to €8.9 billon (£6.6 billion), citing US tariffs and a costly strategy shift at Porsche. Net profit after tax fell by around 44% in 2025, from €12.4 ...
Volkswagen had previously reached an agreement with unions at the end of 2024 to reduce 35,000 jobs by 2030. Credit: Peter J B / Shutterstock.com Volkswagen Group plans to cut 50,000 jobs in Germany ...
Walmart Has a 'Very Bright' LED Garage Light on Sale for Just $11 Volkswagen Group’s 2025 operating profit plunged 53.5% to its lowest since 2016. The company will cut 50,000 jobs in Germany by 2030 ...
Slowing demand, tariffs, and geopolitical uncertainty are cutting into the profits of Volkswagen’s most lucrative brands.