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.
The Volkswagen Group has raised alarms over U.S. President Donald Trump’s proposed tariffs on Mexican imports.
Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites , a person with knowledge of Chinese government thinking told Reuters.
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.
Volkswagen has sweetened its offer to the United Auto Workers to include key cost-of-living increases for the company's Chattanooga plant employees.
Volkswagen is discontinuing manual transmissions for the GTI and Golf R, despite a notable spike in demand from U.S. enthusiasts.
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.
Lithium project developer Patriot Battery Metals has completed a private placement, raising C$69-million through a strategic investment from Volkswagen . The investment gives the German automotive giant a 9.
Volkswagen amended its previously announced offer to UAW employees at its Chattanooga, Tennessee plant to include profit sharing, cost of living adjustments (COLA) and a 25% raise over five years after recent pay boosts.
£30,995 for the most spartan of specifications available for 2025 excludes both the value-added tax and the on-the-road costs