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The Latest Breaking News from Volkswagen

Volkswagen ID.3 Neo review: VW rights the wrongs of its first EV hatch

Volkswagen’s heavily revamped electric family hatch gets a new name, a much smarter interior, proper buttons and up to 391 miles of range – and I’ve driven it

The Independent UK

Mechanic Orders Parts. Then He Says Kia And Hyundai Are The ‘Exact Same Company’: 'You’re Paying For A Logo'

"You might be surprised."

Motor1

Energy Insider: China’s Russian LPG Imports Surge in First Five Months

China and the EU establish a trade and investment consultation mechanism; CATL and Ford’s battery plant starts production

Caixin Global

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VW Doesn't Deny It's Looking To Sell Ducati In Official Statement

A recent report states that financial advisors are telling Volkswagen to sell off Ducati in order to help its financial position. Volkswagen has now commented on the subject, but didn't deny the report or its contents.

RideApart

EU urged to exempt UK from car rules that could be worst Brexit impact yet

Bloc’s ‘made in Europe’ regulations risk shutting out British manufacturers in ‘most spectacular own goal in history’

The Guardian - UK

Explained: Why Tata Elxsi shares crashed 7% after KPIT Tech’s Q1 revenue, profit guidance warning

Tata Elxsi shares fell sharply on Wednesday after rival KPIT Technologies warned of weaker-than-expected Q1FY27 revenue and margins due to a sudden slowdown in orders from European automakers. The update raised concerns over demand across the automotive engineering and software services space, weighing on peer stocks.

The Economic Times

KPIT Tech shares hit by downgrades, target price cuts. What JPMorgan and other brokerages said

KPIT Technologies shares plunged after the company issued a weak preliminary Q1 FY27 business update, prompting several brokerages, including JPMorgan and JM Financial, to downgrade the stock and cut target prices. While analysts remain optimistic about the company's long-term prospects, they expect near-term earnings and growth to remain under pressure.

The Economic Times

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Why KPIT Tech shares crashed 17% today: The BMW & Volkswagen connection explained

KPIT Technologies witnessed a significant 17% stock plunge following a revenue slowdown warning for Q1FY27, primarily due to unexpected cutbacks from European auto giants like BMW and Volkswagen. Analysts have downgraded the stock, citing a steeper than anticipated revenue drop and a larger hit to profit margins. While the company…

The Economic Times

Volkswagen’s 16-Year Low Masks a Massive Margin Engine

Volkswagen trades near a 16-year low with a price-to-book ratio of 0.18 as the company pursues up to 100,000 job cuts and targets operating margins of 8% to 10% by 2030.

MarketBeat

Greensall grabs Gomm GTSCC gold as enduros wow at sunny Anglesey

Jaguar E-types on the prowl while 750 Motor Club's Roadsports and Club Enduro contests provide plenty of entertainment in Wales

Autosport

Volkswagen May Be Looking to Sell Ducati: Report

Volkswagen's current financial situation is one that's teetering, with mass layoffs, price cuts, and slashes to existing lineups across its brands. A new report hints at the brand potentially selling off its other holdings, including Ducati.

RideApart

Volkswagen to Axe 100,000 Jobs and Close 4 German Plants in Desperate Bid to Survive Chinese EV Onslaught

Volkswagen is considering cutting 100,000 jobs and closing four German plants due to competition from Chinese EVs, soft European demand, and US tariffs, marking a significant restructuring effort.

International Business Times UK

Man Takes His Volkswagen To Store. Then It Starts Updating In The Parking Lot: ‘Been Stuck For Almost 2 Hours’

“Now I’m terrified to drive this..."

Motor1

Business Brief (June 29): Apple Said to Lobby Trump Administration for Chinese Chips

Meituan plans stock buybacks, Volkswagen reportedly weighs expanding global layoffs to 100,000

Caixin Global

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news in one place.

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The National (Scotland)

Teenager fighting for her life in hospital following motorway crash

A TEENAGER is fighting for her life after the car she was a passenger in was involved in a motorway crash ...

The Economic Times

School assembly news headlines for June 29: Top national, international, business, sports update and thought of the day

Prime Minister Modi's historic Seychelles address highlighted maritime bonds, while India and the island nation inked 19 cooperation outcomes. Closer to home, heavy rains caused disruptions in North Bengal and Arunachal Pradesh. Internationally, a civilian aircraft crash in France claimed 11 lives, and a Saudi Aramco helicopter incident resulted in…

The Economic Times

Volkswagen key shareholder pitches producing Chinese car models in Germany

Germany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost plant capacity. This comes amid reports of potential factory closures and significant job cuts at the automaker. The move could foster innovation and stabilize employment, countering the trend of production shifting abroad.…

The Canberra Times

'They came for my wife's Merc, but took my Golf': early morning home invasion, car theft stuns family

Two masked intruders struck at the home around 3.10am.

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The Independent UK

Volkswagen T-Roc: Class action

CAR REVIEW: VW’s newest compact SUV is a winner for all the right reasons, says Sean O’Grady – especially its penchant for nicely weighted, old-fashioned controls

International Business Times

Volkswagen Reportedly Considering Up to 100,000 Job Cuts, More Than 10% Of Its Staff, in Sweeping Restructuring

Volkswagen is weighing one of the most dramatic restructurings in its nearly 90-year history, with plans that could eliminate up to 100,000 jobs worldwide and close four factories in Germany.

Evening Standard

Volkswagen drawing up plans to cut 100,000 jobs globally, reports say

Top bosses are considering restructuring and dramatically cutting down the size of the workforce, according to local media.

The Independent UK

Volkswagen ‘to cut 100,000 jobs amid challenging market conditions’

Top bosses are considering restructuring and dramatically cutting down the size of the workforce

The Guardian - UK

‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs

RJ Scaringe says firms focused on selling fossil fuel engines risk being ‘woefully behind’ on technology by end of decade

The Economic Times

Volkswagen Law: The unique structure behind Europe's biggest carmaker

Volkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistance. The company's unique governance, influenced by the state of Lower Saxony and worker representation on its supervisory board, grants them considerable power. This structure, rooted in historical decisions, gives these stakeholders a…

The Guardian - UK

VW plans to cut up to 100,000 jobs and shut plants, report says

German firm reportedly considering doubling previously announced staff reductions amid Chinese competition

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