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At Close: Jun 04, 2026
Porsche's 2024 China sales fall by 28%
02:13am, Monday, 13'th Jan 2025
German sports car maker Porsche AG reported a 28% tumble in 2024 China sales on Monday, as persistent weakness in the world's largest car market hit German carmakers.
Volkswagen brand deliveries fall 1.4% in 2024
07:07am, Thursday, 09'th Jan 2025
The Volkswagen brand's global deliveries fell 1.4% to 4.8 million vehicles in 2024, with battery-electric sales down around 2.5%, Europe's top carmaker said on Thursday.
Scout has more than 50,000 reservations for upcoming EVs as VW aims to grow U.S. share
04:03pm, Wednesday, 08'th Jan 2025
Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, Volkswagen CEO Oliver Blume said. Volkswagen, which revived the old American brand,
VW managers to take combined 300-mln-euro pay cut, reports local newspaper
03:11am, Wednesday, 08'th Jan 2025
Volkswagen's management will take pay cuts adding up to over 300 million euros ($310.08 million) by 2030, according to comments by VW human resources board member Gunnar Kilian to local paper Braunsch
XPeng's EV Glory Faces Technical Trouble: Can Volkswagen Collaboration Drive A Comeback?
01:22pm, Tuesday, 07'th Jan 2025
XPeng Inc.-ADR XPEV has been the darling of the Chinese EV market, posting a 66% gain over six months. However, technical signals suggest the stock's momentum may be stalling.
Rivian's Strong Deliveries, R2 Line Plans And VW JV Expansion Drive Analyst Optimism
01:29pm, Monday, 06'th Jan 2025
Rivian Automotive, Inc RIVN stock traded lower Monday. On Friday, the electric vehicle startup reported 14,183 vehicle deliveries for the December quarter.
Volkswagen and Xpeng to build super-fast charging network in China for EVs
05:14am, Monday, 06'th Jan 2025
Volkswagen and Xpeng will open their respective super-fast charging networks to each others' customer in China as part of a memorandum of understanding. The two firms will explore cooperation on co-br
Xpeng, Volkswagen to build ultra-fast charging network in China
09:47pm, Sunday, 05'th Jan 2025
China's Xpeng Motors and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday.
XPENG and Volkswagen Group China to Jointly Build One of the Largest Super-Fast Charging Networks in China
08:20pm, Sunday, 05'th Jan 2025
XPENG and the Volkswagen Group China announce a Memorandum of Understanding (MOU) to jointly build one of the largest super-fast charging networks in China, granting mutual access to respective propri
Volkswagen leak exposed precise location data on thousands of vehicles across Europe for months
03:24pm, Monday, 30'th Dec 2024
Volkswagen Group's troubled automotive software unit Cariad left terabytes of customer data on around 800,000 electric Audi, Seat, Skoda, and Volkswagen vehicles exposed to the internet for months, re
Volkswagen shares fall as markets struggles to digest unions deal
06:07am, Monday, 23'rd Dec 2024
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely headwinds in 2025.
VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reports
09:47am, Sunday, 22'nd Dec 2024
A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung newspaper reported on Sunday, after the German carmaker struck a deal with un
VW, union agree to cut 35,000 jobs in Germany, avert strikes
03:06pm, Friday, 20'th Dec 2024
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last-gasp deal between Europe's top carmaker and unions on Frida
The main points of Volkswagen's deal with unions on German sites and jobs
02:27pm, Friday, 20'th Dec 2024
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. The agreement followed more than 70 hours of talks and averted the spectre of
Volkswagen to cut more than 35,000 jobs in Germany by 2030
01:17pm, Friday, 20'th Dec 2024
Volkswagen on Friday said it had agreed with unions to cut more than 35,000 jobs at its German sites by 2030 in a socially responsible manner, which would help achieve more than 15 billion euros ($15.
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