Tag: Volkswagen
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Volkswagen plans up to 50,000 more job cuts as costs outpace rivals
Volkswagen AG Chief Executive Officer Oliver Blume outlined a plan to eliminate as many as 50,000 more jobs globally as he attempts a far-reaching...
Volkswagen flags pressure from China rivals and tariffs as profits fall
Volkswagen AG’s first-quarter operating margin declined as tariffs and increasing competition in key markets weighed with the carmaker seeking to reap more savings.Group operating...
Volkswagen ID.3 Neo revealed with 630 km range and physical controls return | In pics
1 / 12Volkswagen has unveiled the Volkswagen ID.3 Neo as a major update to its compact electric car, introducing the “Neo” name as part...
Volkswagen Q1 sales fall 4% as China slump and US tariffs hit deliveries
Volkswagen AG’s global car sales fell in the first quarter, weighed down by a slump in China, where competition from local brands has intensified.Deliveries...
Volkswagen Layoffs: Carmaker to cut 50,000 jobs in Germany as profit falls, EV business faces pressure
Automotive giant Volkswagen announced on Tuesday that it would cut 50,000 jobs in Germany by 2030 after its profit fell to the lowest level...
