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Citing company insiders, however, German business daily Handelsblatt reported the main reason was high tariffs imposed by Trump.
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Europe’s largest automaker Volkswagen said Wednesday that sales into the United States had taken a hit, underscoring the impact of President Donald Trump’s drastic...
Business
German prosecutors asked for jail sentences Friday in the trial of four former Volkswagen managers accused of fraud in the “dieselgate” emissions-cheating scandal. The...
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The Volkswagen group on Tuesday unveiled a series of new vehicles and a driver assistance system built “in China for China”, which it hopes...
Business
German auto giant Volkswagen said Wednesday that tariffs on car imports into the United States ordered by President Donald Trump had dragged down its...
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The dour mood at Germany’s crisis-hit auto giant Volkswagen has given way to angst and fury as US President Donald Trump has escalated a...
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German auto giant Volkswagen said Tuesday its annual profits nosedived during a torrid year that saw Europe’s top carmaker increasingly struggle with high production...
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The 10-brand group, which includes Audi, Porsche and Lamborghini, sold 9.03 million vehicles last year, down 2.3 percent from 2023.
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Volkswagen's CEO welcomed a deal to slash jobs and reduce production capacity in Germany without the need to close factories.
Business
Thousands of Volkswagen workers walked out on Monday in the second round of strikes in the escalating conflict between unions and management over the...