VW Group Boss Admits The Real Problem: Its Cars Aren't Profitable Enough Further cost-cutting measures are underway to turn things around. Motor1 · Jul 13
Man Installs New Doors For His Volkswagen Golf. Then He Realizes How Badly He Miscalculated: ‘This Is Why AutoZone Employees Ask’ "How could this have happened?" Motor1 · Jul 12
Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs Volkswagen’s CEO has indicated that he’s trying to avoid closing plants as he seeks to turn around the automaker’s performance The Independent UK · Jul 12
Major German carmakers hit by steep China sales plunge as competition heats up Major German carmakers are experiencing sharp quarterly sales declines in China, the world's biggest auto market The Independent UK · Jul 11
Toyota's EV Sales Have More Than Doubled This Year Toyota used to lag behind on EVs. Now the C-HR, bZ, and bZ Woodland are helping it grow its EV sales as others falter. InsideEVs · Jul 11
Why Volkswagen replaced lawnmowers with 100 sheep at its Poland solar farm and how the unusual move is helping power its factory, cut emissions and boost biodiversity Volkswagen's solar farm in Poland now uses one hundred sheep for grazing. These animals maintain grass growth beneath thousands of solar panels, replacing mechanical mowers. The initiative is part of a growing agrivoltaics movement combining agriculture and renewable energy. Researchers are studying animal welfare, biodiversity, and microclimate changes at the… The Economic Times · Jul 11
Bankruptcy boom: Businesses going broke in Europe's biggest economy Germany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contributing factors to this trend. Small and medium-sized businesses are disproportionately affected by these economic pressures. Structural issues like high taxes and bureaucracy also hinder competitiveness. Government reforms aim to address these… The Economic Times · Jul 10
This Is Why Volkswagen Group Is In Trouble Again Volkswagen Group recently announced it plans to cut the number of models it offers by up to half. Motor1 · Jul 10
Volkswagen sales plunge as German automaker lays out plan to slash number of brands Volkswagen has reported weak sales numbers, with a significant drop in China The Independent UK · Jul 10
Volkswagen unveils four-year plan but lacks backing for overhaul with up to 100,000 job cuts Volkswagen's proposed restructuring plan failed to win backing from the labour bloc on the company's supervisory board on Thursday, leaving uncertainty over additional job cuts and factory closures. The carmaker nevertheless laid out plans to reduce production capacity and simplify its model range. Euronews · Jul 10
Volkswagen rescue plan 'short on specifics' after tense stakeholder talks Volkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operations and investment. Analysts noted a lack of agreement on job cuts and plant closures. Volkswagen faces high costs and rising competition from China. The German auto giant is under pressure to restructure… The Economic Times · Jul 10
The VW Group Is Gutting Its Lineup. Up To Half Its Models Could Die The automotive conglomerate is drastically reducing its model portfolio. Motor1 · Jul 9
I Saw Scout's New Trucks Up Close. They Could Be Worth The Wait We saw Scout's Traveler and Terra electric Pickup and SUV up close, inside and out. Here's what we thought. InsideEVs · Jul 9
Volkswagen risks 'major conflict' with staff over cost-cutting drive, union warns Chief Executive Oliver Blume is considering cutting 100,000 jobs worldwide, around 16% of Volkswagen's global workforce, and closing three Volkswagen plants in Germany as well as one Audi factory, Euronews · Jul 9
The Economic Times · Jul 9 Carnegie Fonder questions Persistent Systems' Nagarro acquisition, cites growth concerns In an open letter on professional networking website LinkedIn, portfolio manager Gunnar Pahlson questioned the logic of paying a 140% premium for a slower-growing, lower-margin European business exposed to cyclical industrial and automotive clients, including accounts tied to Lufthansa and Volkswagen.
Euronews · Jul 9 Volkswagen faces crunch talks over 100,000 job cuts and factory closures German auto giant Volkswagen's management meets Thursday to discuss plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts.
The Guardian - UK · Jul 9 VW workers protest in Germany over proposed job cuts and factory closures Demonstrations at 18 sites set up as radical transformation plan put to board of Europe’s biggest carmaker
The Economic Times · Jul 9 Unions to protest as Volkswagen thrashes out job cut plans German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts. IG Metall is organising protests by VW workers outside plants across the country Thursday, when the carmaker's…
InsideEVs · Jul 8 You Think Your Electric Lawnmower is Eco Friendly? Volkswagen Just Replaced Its Lawnmowers With Sheep Volkswagen replaced the mechanical lawnmowers at the solar farm that powers its factory in Poland with a flock of 100 sheep whose grazing keeps the grass short.
The Guardian - UK · Jul 8 German car industry warns of job collapse unless ‘bold decisions’ made to address Chinese threat VW to propose 100,000 job losses to board and says car plants could be put under foreign ownership to save jobs
The Economic Times · Jul 8 What are the key issues in Volkswagen's restructuring efforts? Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants and significant job cuts. The company is also reviewing its structure and may spin off business divisions. Management and labor representatives will likely begin months of talks on these…
The Independent UK · Jul 7 China is bringing back buttons – and it’s time the rest of the car industry did, too DRIVESMART: China has ordered car makers to bring back physical buttons for 19 safety-critical functions – and even VW admits it got carried away with “spaceship” interiors. Steve Fowler explores the return of the button, in his latest DriveSmart newsletter
RideApart · Jul 7 'We Don't Really Need VW,' Says Ducati CEO After Sale Talks Spread Ducati CEO Claudio Domenicali stated that the motorcycling giant doesn't 'need' parent company Volkswagen's support after the German company didn't deny rumors of it selling off the motorcycle brand.
Reason · Jul 7 Brickbat: Leave the Driving to Us German politicians are promising to block Volkswagen's plan to cut about 100,000 jobs and close four factories in Germany. The… The post Brickbat: Leave the Driving to Us appeared first on Reason.com.
Motor1 · Jul 6 This Volkswagen Supercar Isn't Real, But It Should Be This is the Volkswagen ID.DIN T14, a design concept from an intern.