U.S. World Business Lifestyle
Today: June 18, 2025
Today: June 18, 2025

Volkswagen

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Porsche not planning to shift final assembly of cars to US

Porsche has no plans to shift any part of its production process to the U.S., a spokesperson said on Friday, dismissing a Bloomberg report saying the company was considering such a

Porsche not planning to shift final assembly of cars to US
Business|Economy|Europe|World

Mood darkens further in German auto sector under strain of tariffs

Sentiment in the German automotive industry deteriorated further in May, the Ifo institute said on Tuesday, reporting a fall in its business climate index for the sector to -31.8

Mood darkens further in German auto sector under strain of tariffs
Business|Environment|Technology|World

Tesla not keen on local production, minister says, as India finalises EV policy

Tesla does not want to produce cars in India, a federal minister said on Monday as the government finalised its electric vehicle policy, with the EV

Tesla not keen on local production, minister says, as India finalises EV policy
Business|Economy|Europe|World

Volkswagen flags 'massive' US investments and says tariff talks constructive

Volkswagen wants to make more big investments in the United States, CEO Oliver Blume said in an interview with a German newspaper on Friday, adding that tariff talks with

Volkswagen flags 'massive' US investments and says tariff talks constructive
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German carmakers in talks with US over possible tariff deal, sources say

Germany's leading automakers are in talks with Washington over a possible import tariff deal, seeking to use their U.S. investments and exports as leverage to soften any blow, three

German carmakers in talks with US over possible tariff deal, sources say
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Frustrated Porsche investors call for CEO Blume to drop dual Porsche-VW role

Investors called upon Porsche CEO Oliver Blume, who also heads parent company Volkswagen, to drop one of his roles on Wednesday as weakness in China and tariff-related challenges

Frustrated Porsche investors call for CEO Blume to drop dual Porsche-VW role
Business|Economy|Environment|Europe|Technology

China's BYD turns up heat in Europe with launch of Dolphin Surf EV

Chinese electric vehicle maker BYD's low-cost Dolphin Surf became its 10th model available in Europe on Wednesday, with the Berlin launch increasing pressure

China's BYD turns up heat in Europe with launch of Dolphin Surf EV
Business|Europe|Technology|World

Renault still open to supply technology to rivals to make cars cheaper, CEO says

French automaker Renault is willing to supply technology to other carmakers to help increase the total output of vehicles with shared features that make them cheaper to manufacture,

Renault still open to supply technology to rivals to make cars cheaper, CEO says
Business|Economy|Europe|Technology

Volkswagen weighs plan to sell or find partner for Italdesign

Volkswagen is considering a plan to divest from its design and engineering unit Italdesign, union representatives told Reuters on Monday, as

Volkswagen weighs plan to sell or find partner for Italdesign
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Volkswagen shareholders demand carmaker reform 'highly problematic' governance

Volkswagen's shareholders renewed their criticism of the automaker's corporate governance on Friday, demanding greater board independence and expressing growing

Volkswagen shareholders demand carmaker reform 'highly problematic' governance
Business|Economy|Europe

VW German cost-cutting drive has sunk factory costs by 13%, brand CEO tells FT

Volkswagen's cost-cutting programme in Germany, signed off with unions last December, has so far led to an average cut in factory costs of 13%, brand CEO Thomas Schaefer told the

VW German cost-cutting drive has sunk factory costs by 13%, brand CEO tells FT
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Audi keeps outlook after Q1 sales rise, but tariff impact not included

Volkswagen's premium brand Audi on Monday kept its full-year guidance, with the caveat that any impact from U.S. tariffs was not included, after its first-quarter revenue

Audi keeps outlook after Q1 sales rise, but tariff impact not included
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Volkswagen core brand group profit falls on EU carbon provision, US tariffs

Volkswagen on Friday said its first-quarter operating profit for the core brand group, which includes its best-selling VW brand, declined by 46.3%, impacted by EU carbon provisions and

Volkswagen core brand group profit falls on EU carbon provision, US tariffs
Business|Economy|World

Trump tariff whiplash pushes more automakers to scrap profit guidance

Unable to predict the impact of U.S.

Trump tariff whiplash pushes more automakers to scrap profit guidance
Business|Economy|Environment|Technology|World

Volkswagen reins in margin hopes as tariffs cloud prospects

Volkswagen said on Wednesday that profit margins this year were likely to be towards the bottom of its guidance range and joined a chorus of

Volkswagen reins in margin hopes as tariffs cloud prospects
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VW to contribute self-driving electric vans in U.S. pact with Uber

Volkswagen will supply thousands of electric vans in a collaboration agreement with Uber Technologies as the partners seek to offer rides in fully autonomous vehicles in the United States

VW to contribute self-driving electric vans in U.S. pact with Uber
Asia|Business|Economy|Technology|World

Volkswagen will go through 'right-size' process in China, CEO says

German carmaker Volkswagen will need to go through a 'right-sizing' process in China, its group CEO said on Wednesday, as competition intensifies in the world's biggest auto market

Volkswagen will go through 'right-size' process in China, CEO says
Asia|Business|Economy|Technology

VW Group pitches comeback in China with new models, in-house assisted driving

Volkswagen Group showcased five new models developed for China and an in-house assisted driving system on Tuesday in Shanghai as it fights to win back share

VW Group pitches comeback in China with new models, in-house assisted driving
Asia|Business|Technology

Volkswagen to present in-house automated driving system for China

Volkswagen's CARIZON, a joint venture between its software subsidiary Cariad and China's Horizon Robotics, has developed the carmaker's first in-house automated driving system, it said on

Volkswagen to present in-house automated driving system for China
Business|Economy|US

Volkswagen to keep vehicle prices steady through May

Volkswagen confirmed Wednesday that it is joining the growing group of automakers committing to keeping prices steady to ease car shoppers' concerns around tariffs.

Volkswagen to keep vehicle prices steady through May
Business|Economy|Europe

Rheinmetall sees order potential of up to $341 billion, CEO tells Handelsblatt

Rheinmetall could boost its order book to up to 300 billion euros ($341 billion) by the end of the decade, its CEO said, boosted by Europe's efforts to ramp up defence spending

Rheinmetall sees order potential of up to $341 billion, CEO tells Handelsblatt
Business|Europe|Technology

Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit

Volkswagen's truckmaker Scania said on Friday it had agreed to buy bankrupt Northvolt's division that makes battery packs for heavy industry, reviving a transaction first

Volkswagen's Scania buys bankrupt Northvolt's heavy industry battery packs unit
Business|Economy|Europe

Volkswagen earnings dragged down by EU carbon provision and US tariffs

Volkswagen's first-quarter earnings fell far short of market expectations, plunging about 40%, as Europe's biggest carmaker factored in costs for penalties of

Volkswagen earnings dragged down by EU carbon provision and US tariffs
Business|Economy|Finance|US

VW's Traton warns of lower than expected quarterly operating profit after 10% sales drop

Traton reported a 10% drop in first-quarter deliveries and said the quarter's operating will fall short of market expectations, Volkswagen's trucks business said on Wednesday

VW's Traton warns of lower than expected quarterly operating profit after 10% sales drop