Volkswagen will need to make additional investments in the United States to hit its target of doubling market share in the country, its CFO Arno Antlitz said on the sidelines of the World Economic Forum (WEF) in Davos,
For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers, according to details disclosed by company sources.
Volkswagen on Tuesday warned against the "harmful economic impact" of tariffs that U.S. President Donald Trump is proposing on imports from Mexico, where Europe's top carmaker operates a major factory.
Volkswagen told investors on Wednesday that its target of a 6% margin on the VW passenger car brand was now more realistic in the "medium term", according to a note by Bernstein Research, after the German carmaker previously aimed to hit a 6.
The Volkswagen Group has raised alarms over U.S. President Donald Trump’s proposed tariffs on Mexican imports.
Investing.com -- Volkswagen (ETR: VOWG_p) shares rose more than 1% in Europe after the company offered a trading update for the fiscal year 2024 (FY24) ahead of its earnings report on March 11.
Volkswagen is discontinuing manual transmissions for the GTI and Golf R, despite a notable spike in demand from U.S. enthusiasts.
CFO Arno Antlitz, speaking to investors in New York on Tuesday, said that the cost-cutting deal struck with unions last December tackled the carmaker's problems of high labour costs and capacity underutilisation.
The family is suing the automaker because they told police the free GPS trial had expired and that $150 was needed to help locate the car.
The ailing German brand, facing plant closures at home and declining sales of its once vaunted EVs, hopes the ID. Buzz can revitalize consumer interest.
BHPian hellraiser_yank recently shared this with other enthusiasts:Final Mod List-1. Maxidot Cluster 2. Paddle shift retrofit onto existing wheel 3. 8k OPS 4. Tiguan IRVM 5. Heated aspherical ORVM 6.
Rivian's recent delivery and production numbers exceeded expectations, driven by a crucial partnership with Volkswagen. Read why I rate RIVN stock a Hold now.