UAW wins big in historic union vote at Volkswagen Tennessee factory
By Nora Eckert CHATTANOOGA, Tennessee (Reuters) -Workers at Volkswagen’s Tennessee plant have voted to join the United Auto Workers, in a seismic victory for the union as it drives beyond its Detroit…
Volkswagen CEO says 2022 outlook clouded by war in Ukraine
BERLIN – Volkswagen CEO Herbert Diess said the full impact of the war in Ukraine was not yet clear and is throwing the German carmaker’s 2022 outlook into question. “Under normal circumstances,…
Volkswagen returns to profit in North and South America
BERLIN – The Volkswagen Group achieved a 16% market share in China in 2021 and the VW brand returned to profit in North and South America, the German carmaker said on Tuesday.…
Volkswagen warns of production cuts as Ukraine crisis hits suppliers
HAMBURG – Europe’s largest carmaker Volkswagen on Tuesday warned of production cuts at some of its plants including the one in Wolfsburg as Ukraine-based suppliers have been facing difficulties delivering after Russia’s…
Porsche SE weighs selling Volkswagen shares to help fund Porsche IPO-sources
FRANKFURT – Porsche SE is considering cutting its stake in Volkswagen to just above 50% of ordinary shares as one way to generate cash to buy into a potential stock market listing…
Volkswagen expects chip shortage to ease later in 2022
BERLIN – German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production in the second half of the year,…
Volkswagen labour chief takes company to task on China, in FAZ interview
– Volkswagen’s works council chief Daniela Cavallo said the carmaker must do more to understand the Chinese market in order to capture greater market share, after missing its electric vehicle sales targets…
Shares in Volkswagen and its top investor rise on Porsche listing hopes
FRANKFURT – Hopes for more clarity around a possible listing of Volkswagen’s luxury Porsche AG division lifted shares in Europe’s largest carmaker and its top shareholder on Wednesday, traders said. Volkswagen shares…
Volkswagen does not see chip shortage ending this year – Automobilwoche
BERLIN – Volkswagen does not expect the global shortage of semiconductors to end this year although it should further ease slightly in the second half, a board member was quoted as saying…
Volkswagen meets European CO2 emissions targets
BERLIN – Volkswagen’s carbon emissions from passenger vehicles in 2021 were around 2% under the European target limits at 118 grams per kilometre, according to preliminary figures, the carmaker said on Monday.…
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