Volkswagen shares rose 2.5% in early Frankfurt trading as investors decided 'it could have been worse' as they gave their verdict on results and the carmaker's assessment of prospects. The latter firs
The company anticipates revenue growth of up to 5% as it continues to focus on cutting costs and implementing profitability measures.
The carmaking giant said it expects to see revenue growth in 2025.
Volkswagen on Tuesday said it expects an operating margin of 5.5-6.5% in 2025, from 5.9% in 2024, joining rivals in giving a muted outlook for the year ahead as the sector battles weak demand, high co
Volkswagen will build its 20,000-euro ($21,636.00) electric car launching in Europe in 2027 at its plant in Palmela, Portugal, its brand chief said on Monday.
Last week, it was announced that President Donald Trump's new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USCMA trade deal. German carmaking giant Volkswagen told CNBC
Traton does not see a significant impact from U.S. tariffs on imports from Mexico in the short term, Volkswagen's truck unit said during a post-earnings call on Monday.
The company—which houses Scania, MAN, International, and Volkswagen Truck & Bus—reported 2024 sales that grew 1%, but said demand for trucks would decline.
Volkswagen's truck unit Traton guided for a tepid commercial vehicle market in 2025 on Monday after persistent weakness in Europe, particularly in Germany, weighed on last year's results.
Porsche SE , Volkswagen's largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it said on Friday, citing previously disclosed impairments on its holding in Eu
Volkswagen will recall 177,493 crossover SUVs in the United States over concerns related to a loose engine cover, the National Highway Traffic Safety Administration said on Friday.
Volkswagen and Porsche CEO Oliver Blume said his dual role at the helm of both companies was not meant to last forever but was necessary to complete the restructuring underway at the brand and wider g
Volkswagen said Thursday that its vehicles made in North America comply with the United States-Mexico-Canada Agreement (USMCA), meaning they will likely avoid being subject to the 25% tariffs U.S. Pre
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