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The Latest Breaking News from Volkswagen

Tesla Shares Surge In Pre-Market On Monday, Hovering Near $400: What's Going On?

This increase follows Tesla's announcement of a new, affordable vehicle model during an investor meeting with Deutsche Bank.

Benzinga

German VW Workers Kick Off Second Round Of Strikes

Thousands of Volkswagen workers walked out on Monday in the second round of strikes in the escalating conflict between unions and management over the German carmaker's drastic savings plans.

International Business Times

BYD could near Honda and Ford in cars sold this year as EV giant looks set to surpass its 4 million sales target

BYD sold around 3.8 million cars in the first 11 months of 2024, a 40% year-on-year jump.

Fortune

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Volkswagen CEO's Speech to Workers Drowned Out By Boos After He Says Company 'Isn't Operating in a Fantasy World'

The carmaker has been in heated discussions with unions after announcing this fall that it would have to take drastic measures to cut costs

Latin Times

Tesla sales in Australia are sliding for the first time. Is it stiff competition or the Musk factor?

Sales of Elon Musk-owned carmaker have chalked up an annual drop of nearly 21%, as the overall EV sector growth weakens

The Guardian - AU

Tesla Leans Hard On The Tax Credits That Elon Musk Wants To Cut

It's a hypocrisy of epic proportions. A company led by a CEO who vehemently opposes federal incentives is now leveraging them aggressively as 2024 draws to a close. Tesla CEO Elon Musk supports ending the consumer EV credits, arguing they would ultimately benefit his company and hurt competitors—but as the year…

InsideEVs

Best long-range electric cars 2025: Top 12 EVs that go the distance

We’ve ranked the longest-range EVs in the UK today – many of which smash through the 400 mile barrier

The Independent UK

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Volkswagen CEO booed after saying he didn't live in a 'fantasy world': report

Volkswagen boss Oliver Blume was reportedly booed as he spoke about growing up in Wolfsburg, home to VW’s biggest factory.

Fortune

Why General Motors Just Took A $5 Billion Hit In China

For much of this year, we've been covering the rise of the Chinese auto industry as primarily a problem for the European auto industry. Every car company has lost sales in their biggest market as the local competition got better and better, but Volkswagen and others have to do battle…

InsideEVs

Teenager, 19, arrested after scooter rider left fighting for his life in Barnet crash

A man was left fighting for his life and three teenagers were rushed to hospital following the collision

Evening Standard

Volkswagen workers stage mass protest across Germany

Volkswagen employee representatives say workers should not bear the brunt of management’s failure to produce appealing products

The Independent UK

Volkswagen Faces Fierce Labor Pushback Over Factory Closures, Wage Cuts

Volkswagen workers in Germany strike over job and wage cuts, escalating tensions with management and facing headwinds from EV demand and competition

Benzinga

From China Woes To EV Troubles, VW Faces Rocky Road

As Volkswagen seeks to push through a drastic restructuring with billions of euros in cuts, workers nationwide on Monday kicked off what could be a long wave of industrial action.

International Business Times

Volkswagen Workers Strike Against Pay Cuts And Closures

Volkswagen workers in Germany strike over pay cuts and potential plant closures amid market challenges.

Top News

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The Independent UK

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures

Volkswagen workers have launched rolling two-hour strikes at nine plants across Germany to underscore their resistance to pay cuts and factory closures

Motor1

Volkswagen Is Already Cutting Costs

In an interview with German newspaper Bild last month, Volkswagen CEO Oliver Blume was painfully honest about the automaker's delicate situation. He blamed "decades-long structural problems" for the lack of competitiveness, citing high labor costs as one of the main culprits. Massive layoffs, pay cuts, and even plant closures are looming…

The Guardian - UK

Volkswagen workers in Germany to strike over plan to cut jobs and pay

Employees take action over plans to axe at least three plants in first domestic closures in company’s 87-year history

International Business Times

Thousands To Strike At Volkswagen's Germany Plants

Thousands of Volkswagen workers were to go on strike Monday in an escalating industrial dispute at the crisis-hit German auto giant with thousands of jobs at stake.

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International Business Times

VW's German Workers To Strike From Monday

Workers at German factories for carmaker Volkswagen are to go on strike from Monday over plans to cut thousands of jobs, union IG Metall said Sunday.

InsideEVs

Tesla, Two Other Brands' EV Sales Are Most Driven By Tax Credits

President-elect Donald Trump has vowed to repeal the electric vehicle tax credits ushered in by the Inflation Reduction Act, but that move is surprisingly supported by his new buddy-advisor-campaign financier Elon Musk. But a new study from J.D. Power indicates that Tesla's sales really do stand to take a hit…

Benzinga

'Volkswagen India Unit Faces $1.4 Billion Tax Evasion Notice' - Reuters News

https://www.reuters.com/business/autos-transportation/volkswagen-india-unit-faces-14-billion-tax-evasion-notice-2024-11-29/ India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion

Autosport

Why Qatar is buying into troubled Audi F1 programme

"Be fearful when others are greedy – and greedy when others are fearful." The famous words of US investment guru Warren Buffett aptly sum up the Qatari Investment Authority's reasons for taking a shareholding in Audi's Formula 1 team.

Autosport

Audi insists VW Group crisis no threat to F1 project amid Qatar buy-in

Audi boss Gernot Dollner insists the manufacturer’s commitment to Formula 1 is not threatened by the financial dramas faced by parent company the Volkswagen Group.

Fortune

Elon Musk’s DOGE partner Vivek Ramaswamy says they’ll scrutinize $6.6 billion Biden loan to Tesla rival Rivian

Critics advise the incoming Trump administration to pull the plug on “corporate-welfare loans handed out for political reasons.”

Benzinga

Volkswagen Taps Rivian Partnership For Upcoming Flagship EV 'Project Trinity'

Volkswagen will leverage its partnership with Rivian to power its upcoming flagship electric vehicle, codenamed "Project Trinity."

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