Volkswagen CEO doubles down on job cuts, weighs ‘intelligent’ plant overhaul
Oliver Blume-led Volkswagen is facing headwinds like tariff costs, stiff Chinese competition, and pressure on its manufacturing networks...
Tag : Audi
Volkswagen overhaul: CEO Oliver Blume may face union test again
The proposed closures at Hanover, Zwickau, and Emden, along with Audi’s Neckarsulm site, would put over 45,000 jobs at risk, on top of 50,000 cuts announced in 2024...
Audi, SAIC to jointly develop future generation of AUDI models in China
The Audi-SAIC tie-up will launch four all-new AUDI models on the next generation of the Advanced Digitised Platform...
Skoda retreats as Chinese EVs dominate
Volkswagen will continue to sell Skoda models in the Chinese market in collaboration with a regional partner until mid-2026...
IF Insights: Why are luxury EVs struggling to find buyers?
To make EVs truly mainstream, automakers must shift from building boutique electric marvels to producing affordable, mass-market vehicles...
Used EVs now cheaper than gas cars
Owners of electric vehicles are aware of the high cost involved in replacing a malfunctioning battery pack...
Business Leader of the Week: Under Michael Lohscheller, Polestar eyes profitability by 2025
Over the past ten years, Michael Lohscheller has served as CEO of multiple other automakers...
IF Insights: Plug-in hybrid momentum propels automakers toward EV flexibility
Data from market research firm BloombergNEF shows that between 2022 and 2023, sales of plug-in hybrids increased by 43% to over 4.2 million units...
Start-up of the Week: Cazoo, one-click destination for car shoppers
During delivery, Cazoo provides a 90-day warranty and RAC roadside assistance for these used cars...
Unravelling the Volkswagen Success Story – Who Do they Own?
Exploring the world-famous auto brands that are part of the renowned Volkswagen family and their worth in the auto industry...