Volkswagen’s works council demands clarity on VW brand turnaround plan
BERLIN (Reuters) – Volkswagen’s works council is demanding more information on a cost-cutting and efficiency drive being drawn up for the automaker’s main passenger car brand, saying employees needed more transparency from…
Volkswagen’s April deliveries jump 39% thanks to China boost
(Reuters) – Volkswagen’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles shipped worldwide that month to 720,200. The result was particularly boosted by…
EU court adviser says Italy antitrust fine may breach Volkswagen’s rights
By Foo Yun Chee BRUSSELS (Reuters) – An Italian antitrust fine levied on Volkswagen over its defeat devices may have infringed the German carmaker’s right not to be penalised twice for the…
Volkswagen’s financial services undergoing reorganization
FRANKFURT (Reuters) – Volkswagen is reorganizing its financial services holding companies, Volkswagen Bank and Volkswagen Financial Services said on Wednesday. “By bundling its activities in a European financial services provider, the refinancing…
Volkswagen’s Skoda Auto deliveries drop for fourth straight year in 2022
PRAGUE (Reuters) – Volkswagen unit Skoda Auto saw its global deliveries fall by 16.7% in 2022 due to parts shortages, supply chain problems and the war in Ukraine, but it expects improvement…
The long, winding road to Volkswagen’s Porsche IPO
FRANKFURT (Reuters) – Shares in Volkswagen’s sportscar brand Porsche started trading on Thursday in what marks Germany’s second-largest listing ever as well as a new phase in a sometimes fraught relationship between…
The long, winding road to Volkswagen’s Porsche IPO
FRANKFURT (Reuters) – Volkswagen announced its intention to float sportscar maker Porsche on Monday, marking a new phase in a sometimes fraught relationship between the two leading auto brands that goes back…
Volkswagen’s software unit to be streamlined, Cariad head tells FAZ
BERLIN – Volkswagen’s software unit Cariad will be streamlined in efforts to step up the pace of software development, Dirk Hilgenberg, the head of the unit, told the Frankfurter Allgemeine Zeitung newspaper…
Volkswagen’s race with Tesla will be tight, Diess says
BERLIN – Tesla works at twice the industry pace in many processes but still needs to ramp up highly complex factories and find qualified workers to win the electric vehicle race, Volkswagen’s…
Volkswagen’s Skoda hopes for eastern European gigafactory decision by 2023
MLADA BOLESLAV, Czech Republic – Czech carmaker Skoda, owned by Germany’s Volkswagen, is confident that its parent will take a decision on its fourth large battery factory in Europe by 2023 at…
Volkswagen’s Skoda limits some output due to Ukraine, production in Russia still running
PRAGUE – Czech carmaker Skoda Auto, part of Volkswagen, will limit some production at its domestic plants due to supply shortages after Russia’s invasion of Ukraine, while it said its Russian operations…
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