Browsing: Volkswagen (VW)
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Volkswagen has been in trouble, as have its employees. The carmaker is Germany’s crown jewel—the country’s largest company and most…
Porsche Design plans $40 million luxury apartments in Bangkok, where the average salary is $16,000
German luxury carmaker Porsche’s design arm has unveiled its next big project, but rather than unlocking the doors to a…
Rivian founder tells investors why incoming shareholder Volkswagen needs his help to take on Tesla just as much as he needs the cash injection
Volkswagen’s planned $5 billion investment in Rivian is a lifeline for the troubled carmaker—but not necessarily the one you may…
Volkswagen AG will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive Inc., throwing a…
Volkswagen to develop affordable EVs priced at $21,696—a ‘very good’ move says Germany’s Scholz
German Chancellor Olaf Scholz praised the move by Volkswagen AG to develop electric cars to be priced in Europe from…
Stellantis CEO suggests China EV battle is coming for Europe’s 13.8 million auto workers: ‘The EV race has become a cost-cutting race’
Europe’s carmakers haven’t been shy to make their thoughts known on the millions of cheap Chinese electric vehicles flooding the…
Renault boss laments Volkswagen’s inability to ‘work as a team’ against BYD after joint affordable EV project collapses
Renault’s CEO Luca de Meo is no stranger to the “onslaught” of cheap EVs from China. However, his efforts to…
Volkswagen AG’s all-in on electric vehicles plan is no more. The namesake VW brand, which pitched its ID family of…
BYD and Tesla race to carve up European EV market with Chinese carmaker planning to leapfrog Elon Musk by 2030
European automakers will increasingly play third wheel in the continent’s electric car market, as China’s BYD races for dominance with…
To compete with Asia’s rising dominance, French billionaire Bollore wants to build an EV battery plant in northern France which will cost $2.1 billion
Billionaire Vincent Bollore is considering building an electric-car battery factory in eastern France, a costly venture that comes amid a…