Audi is making a big change to its branding for the Chinese market with a new logo that lacks the automaker’s famous ...
BMW and Mercedes-Benz have issued profit warnings in recent weeks amid slumping EV sales in Europe and brutal competition in China, while Volkswagen is also facing a reckoning. On Wednesday VW ...
Volkswagen’s (VWAGY) planned cost-cutting program was unavoidable in order to remedy “decades of structural problems” at the German carmaker, CEO Oliver Blume said in an interview published ...
BERLIN — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the ...
Volkswagen is launching a new ID.3 model in China with an LFP battery pack as it looks to compete with lower-priced rivals. Chinese automakers like CATL and BYD dominate the LFP battery market ...
For the first time ever, Volkswagen plans to shut the doors to a facility on its home turf. The company plans to close not one but at least three plants in Germany as it faces mounting pressure ...
The Volkswagen Scirocco will be reinvented as a sporty two-door EV coupe for its next generation, and it will be based on the company’s new all-electric MEB platform, Auto Express can reveal.
Scirocco has two meanings. Its dictionary definition is a hot wind that blows from the Sahara desert to the Mediterranean. But for car enthusiasts, the name is synonymous with Volkswagen’s ...
Volkswagen said last month that the company’s half-year results indicated it would not achieve its target of 10 billion euros ($10.8 billion) in cost savings by 2026. The logo of Volkswagen is ...
Analyst Daniel Schwarz of Stifel Nicolaus maintained a Buy rating on Volkswagen (0P6O – Research Report), retaining the price target of €135.00. Daniel Schwarz has given his Buy rating due to ...
PAMPLONA, Spain—Volkswagen has placed an order with Kuka for more than 700 robots for its assembly plant here. The robots, including the Kuka’s best-selling KR Quantec, will be used for body-in-white ...
In order to combat slowing sales, German automotive giant Audi has formed a sister brand that will be tailored for and built ...