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 Ge
Germany's Volkswagen plans to sell 15% of its shares in truck unit Traton in the first half of this year, hoping to raise about 2 billion euros ($2.09 billion), manager magazin reported on Wednesday,
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
Volkswagen is looking forward to working with the new U.S. administration, the German carmaker said on Tuesday, and stressed the importance of dialogue amid concerns about the impact of tariffs propos
The electric vehicle transition has been something to behold, with market leaders such as Tesla (NASDAQ:TSLA) in the U.S.
A group representing major automakers on Friday said it filed lawsuit to block a landmark rule from the administration of President Joe Biden requiring nearly all new cars and trucks by 2029 to have a
Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told Spiegel magazine in comments published on Friday.
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 Reut
Volkswagen's chief financial officer said in comments to investors seen by Reuters on Wednesday that the next step to making its German plants competitive was to improve productivity, increasing the n

VW's Skoda Auto posts 6.9% rise in 2024 deliveries

04:08am, Wednesday, 15'th Jan 2025
Global deliveries for Czech carmaker Skoda Auto, part of the Volkswagen Group , rose by 6.9% in 2024, to 926,600 vehicles, boosted by rising sales in Europe as other markets drop, the company said on
Volkswagen's unit sales fell by 2.3% in 2024 to just over nine million vehicles, the carmaker reported on Tuesday, after a challenging year in its two key markets of Germany and China.
Atlanta., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Atlanta. Porsche Cars North America, Inc. (PCNA) today announced that 2024 retail deliveries in the United States totaled 76,167 vehicles – a new record �
Brand deliveries exceed 10,000 units for the second consecutive year 10,374 deliveries for the year 718 Boxster and 911 model lines establish new sales record Best Porsche Approved Certified Pre-owned
Porsche and BMW are the latest automakers to report sliding sales in China. The rapid rise of domestic EV makers such as BYD has put the squeeze on foreign competitors.
Porsche AG (ETR:P911) saw its sales in China drop by 28% in the year just ended as the country's faltering economy hit demand for luxury cars. Volkswagen-owned Porsche sold around 56,900 units in Chi
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