The big test for Volkswagen will come in 2026, when it tries to play catch-up in electric vehicles with four models. And Germany’s rally looks like it has legs.
German industry has for years called out high energy prices and poor economic policies for making them uncompetitive. A coalition of SMEs is now saying enough is enough.
For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers, according to details disclosed by company sources.
Volkswagen is prepared to let Chinese electric carmakers take over production lines in its struggling factories as Germany’s automotive industry is struck by a downturn.
BERLIN (Reuters) - Volkswagen's CEO has spoken to the carmaker's Chinese joint venture partners about their interest in investing in Europe but was not aware of any concrete decisions on their part, a VW spokesperson said on Tuesday.
Toyota, the well-known Japanese automobile giant, has a reason to celebrate at the beginning of 2025 as it continues to be the world's largest car manufacturer. This is the fifth consecutive year that the brand has taken the top spot by leaving the other giants behind like the Volkswagen Group.
Volkswagen is exploring the possibility of sharing its excess production lines in Europe with Chinese EV makers.
Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,
Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.
The Czech Republic, also known as Czechia, has built its post-Cold War economy in the same way Germany did post-reunification: with a focus on industry. Manufacturing as a share of GDP has hovered above 20% in the country for the last 30 years, joining Germany in bucking the Western trend of deindustrialization.
The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.
BERLIN (Reuters) - For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers ...