Volkswagen-owned Bentley launches first EV, invests 350 million pound at UK plant
Bentley has opted for a conservative approach by ensuring its debut EV retains styling cues from the luxury carmaker's combustion-engine models...
Tag : Volkswagen
Volkswagen to go aggressive on restructuring, to cull Spanish marque Seat
Thomas Schaefer, Volkswagen's brand head, made the declaration amid workers' protests that started after the automaker issued a profit warning...
Automobile conundrum: Germany’s industrial crown jewel under pressure
One after another, German automobile companies are announcing restructuring plans, only to meet opposition and scrutiny from labour unions...
Trump says China can build cars in US despite Congress policy push
However, the Republican has put one condition: Chinese automakers should not build cars in Mexico and ship them to the United States...
Volkswagen faces 16 billion euro restructuring bill, weighs defence future for German plants
Volkswagen has signed a deal with Israel's Aurelius Capital and Lower Saxony, in which the Osnabrueck plant will be repurposed for defence production...
Volkswagen approves Oliver Blume’s plan for 50,000 more job cuts, US expansion
Volkswagen's restructuring plan also explores alternatives for four German plants that will eventually run out of models during the next decade...
Oliver Blume vs workers: Stormy board meeting awaits Volkswagen CEO
Radical measures like doubling the job cuts, closing factories and divesting parts of the business have ruffled the feathers of the labour unions...
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...
IF Insights: Volkswagen Law returns, putting CEO Oliver Blume to fresh test
Blume's organizational shake-up plan faces strong opposition from workers' unions and key shareholders, with the latter having the power to block it...
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...