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    VW weighs up to 100,000 job cuts, four plant closures in major overhaul

    VW weighs up to 100,000 job cuts, four plant closures in major overhaul

    27 Jun 2026

    Volkswagen (VW) is considering shutting four German factories and ramping up job cuts to as many as 100,000, two people familiar ​with the matter said on ⁠Friday, in what...

    VW to cut 35,000 German jobs and sharp capacity reductions

    VW to cut 35,000 German jobs and sharp capacity reductions

    21 Dec 2024

    Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and sharp capacity reductions in a last-gasp deal between Europe’s top carmaker and unions...

    Volkswagen faces challenges at home

    Volkswagen faces challenges at home

    03 Sep 2024

    German auto major Volkswagen (VW) faces a major challenge, especially from the workers’ union, as it wants to close down some of the units and end its job security...

    Electric car demand set to stall in Europe

    Electric car demand set to stall in Europe

    16 Nov 2023

    After years of accelerating growth, Europe’s electric car sales appear to be entering a go-slow zone as drivers wait for better, cheaper models that are two to three years down...

    Volkswagen sees higher competition later this year

    Volkswagen sees higher competition later this year

    06 May 2023

    Volkswagen sees higher competition later this year as supply chain bottlenecks ease and China’s electric car market heats up, the carmaker said on Thursday, adding that it put margins over...

    VW pledges to double down on EVs in China

    VW pledges to double down on EVs in China

    01 Apr 2023

    A senior Volkswagen AG China executive reiterated on Saturday the German automaker’s commitment to quickening the pace of electrification in the world’s second largest economy despite issues such as intensified...

    Porsche posts record earnings, expects sales to rise to $45b

    Porsche posts record earnings, expects sales to rise to $45b

    13 Mar 2023

    Porsche AG said on Monday said it expects sales to rise to as much as 42 billion euros ($45 billion) this year after reporting record earnings and revenue in 2022...

    Porsche races higher after landmark $72 billion listing

    Porsche races higher after landmark $72 billion listing

    29 Sep 2022

    Porsche AG shares made a strong start on Thursday after Volkswagen defied volatile markets to list the sports car brand at a valuation of 75 billion euros ($72 billion) in...

    Volkswagen sales drop by a fifth in Europe

    Volkswagen sales drop by a fifth in Europe

    15 Jul 2022

    Volkswagen Group sales fell by around a fifth in the first half of this year from a year earlier, company data showed on Friday, led by a steep drop in...

    Volkswagen posts $13 billion profit; China auto sales up

    Volkswagen posts $13 billion profit; China auto sales up

    09 Jul 2021

    Volkswagen first-half operating profit is expected to come in at around 11 billion euros ($13 billion), it said on Friday, even surpassing pre-pandemic levels on the back of strong demand...

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