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All Stories: Volkswagen

Volkswagen cuts 2025 guidance

BERLIN, July 25: Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year sales and profit margin forecasts in the German...

Volkswagen brand deliveries fall 1.4% in 2024

The Volkswagen brand's global deliveries fell 1.4% to 4.8 million vehicles in 2024, with battery-electric sales down around 2.5%, Europe's top carmaker said on...

The Bleak Future of Volkswagen

Things are not looking well for Germany’s biggest carmaker Volkswagen. It’s been accused of a $1.4 billion tax evasion in India. Northvolt, a Swedish...

India issues notice to German automaker Volkswagen

India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser import tax on components...

Volkswagen faces strikes over plant closures

Workers at Volkswagen threatened strikes on Wednesday unless management backed down from planned factory closures in Germany, spelling more trouble as profits at Europe's...

UK fines Volkswagen over mistreatment of customers

A UK regulator on Monday said it had fined a division of German car giant Volkswagen £5.4 million ($7 million) over its treatment of...

Volkswagen scraps decades-old job security pact

Volkswagen gave IG Metall notice on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six...

Volkswagen warns of plant closures

Volkswagen said on Monday it can no longer rule out plant closures in Germany as it pursues ways to save several billion euros in...

Volkswagen to recall 271,000 vehicles over “air bag issue”

Volkswagen is recalling over 271,000 vehicles in the United States due to a potential wiring fault that may deactivate front passenger air bags when...

Volkswagen holds keys to Porsche’s race against Ferrari

Porsche's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take...

Volkswagen to launch entry level electric car platform

Volkswagen said on Friday it will develop a new platform for entry-level electric vehicles in China and use more local components to lower costs,...

Volkswagen profits dip as it struggles in China

FRANKFURT: Volkswagen said Thursday its profits slipped in the second quarter as it battles to regain ground in China, the German auto giant's most...

Volkswagen brings VW bus back after 20 years

Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the carmaker said on Friday, in what marks...

Porsche overtakes Volkswagen

Porsche took pole position as Europe's most valuable automaker on Thursday, overtaking former parent Volkswagen as the price of the sportscar maker's newly-listed shares...

Volkswagen and Mercedes sign EV battery accords with Canada

OTTAWA: Canada announced Tuesday tentative deals with Volkswagen and Mercedes-Benz that would see the two European automakers tap into burgeoning North American supply chains...

Audi, Porsche have decided to join Formula One, VW CEO says

Audi is ready to offer around 500 million euros ($556.30 million) for British luxury sports carmaker McLaren as a means to enter.

Apple global battery development chief moves to Volkswagen

SAN FRANCISCO: Apple's (AAPL.O) global battery development chief, Ahn Soonho, has moved to Volkswagen (VOWG_p.DE) to lead the automaker's development of electric vehicle batteries, according to his...

Volkswagen shows confidence in electric future

WOLFSBURG: Volkswagen raised its long-term profitability target on Tuesday in a sign of the German automaker's growing confidence in managing the shift to electric...

Huawei scores 4G patent deal for VW cars

Huawei has struck a licensing deal that will allow use of its 4G technologies in connected vehicles manufactured by Volkswagen Group, the Chinese tech...

VW confirms it will rebrand US unit as ‘Voltswagen’

Volkswagen's US unit confirmed Tuesday it will rename its US operations as “Voltswagen of America” as it shifts its focus to electric vehicles
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