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...
Tag : Volkswagen
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...
Beijing Auto Show: Europe collaborates, US frets
Beijing Auto Show highlights the collaboration between European and Chinese companies while US companies insist on protectionism...
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...
South Africa’s used car market heats up
Double-digit increase in sales in January 2026 gave indications of a sustained demand for second-hand cars in South Africa...
Toyota, Ford lead South Africa’s booming used car sales: AutoTrader data
The Suzuki Swift moved ahead of the Toyota Fortuner in overall rankings, with 794 units sold and year-on-year growth of nearly 25%...
Wage wars: The battle for more money
While companies may offer pay increases, as seen with Boeing's offer of a 25% wage hike and a USD 3,000 signing bonus, workers are increasingly rejecting these deals...
Rising costs squeeze German businesses hard
Since 2015, China has been Germany's most significant trading partner, and in 2022, trade between the two reached a record high...
IF Insights: Amid plummeting sales, European Union’s EV dreams get ‘Italian Reality Check’
New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged by double-digit losses in major markets Germany, France and Italy...
Business Leader of the Week: Peter Carlsson’s stewardship faces stern test as troubles brew for Northvolt
To pursue his career as an advisor, angel investor, and entrepreneur, Peter Carlsson resigned from his roles as CPO and Head of Supply Chain at Tesla Motors at the end of 2015...