Volkswagen

VW’s 30% EV growth forecast drop forces automaker to rethink strategy

By Mike Ochonma. Volkswagen is putting the brakes on its electric vehicle production as rising electricity costs and lowering gas…

By businessamlive
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Volkswagen in plans to cut its workforce by 4,000 jobs in early and partial retirement offerings which will cost £425m

Says it expects close to 900 employees to accept early retirement in a Charles Abuede German automaker, Volkswagen Group, has…

COVID-19 pressures cost Volkswagen, Ford, Toyota, GM, Daimler $63bn market cap in 8 months

Charles Abuede The world’s top five automobile manufacturing companies, Volkswagen Group, Ford Motors, Toyota Motor Corporation, Daimler AG and General…

Volkswagen, with $192bn debt burden, is world’s most indebted company

Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10…

Trump threatens 20% tariff on car imports over EU “tariffs and trade barriers” on US products

U.S. President Donald Trump has threatened a 20 percent tariff on EU cars after the European Union introduced tariffs on…

Talks by VW Group, Tata to produce emerging market car end amicably

Cooperation talks between Germany's Volkswagen Group and India's Tata Motors about joint development of a car for emerging markets have…

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