Volkswagen Deepens Cost-Cutting Overhaul

07:02am, Friday, 26'th Jun 2026
According to a report from Germany's Manager Magazin, the company could cut up to 100,000 jobs. Volkswagen declined to comment on the report.

VW Eyes as Many as 100,000 Job Cuts

05:53am, Friday, 26'th Jun 2026
Volkswagen is looking to cut tens of thousands of additional jobs and may shutter factories in a push by CEO Oliver Blume to make Europe's biggest automaker more competitive, according to a report i
Volkswagen on Friday declined to comment ​on a report stating ‌that it aims to slash up to 100,000 jobs from ​its current workforce ​worldwide over the next few ⁠years.
Volkswagen CEO ​Oliver Blume aims ‌to slash up to ​100,000 jobs ​from its current ⁠workforce worldwide ​over the ​next few years, Manager Magazin reported ​on ​Friday.
Germany's dealmakers could be entering one of their busiest periods in decades as long-awaited transactions finally begin moving forward. Volkswagen (VWAGY) has

Volkswagen Sharpens Focus on Core Autos

08:20am, Thursday, 25'th Jun 2026
Volkswagen (VWAGY) is selling a 51% stake in Everllence to Bain Capital in a deal expected to generate about €7.4 billion, or $8.4 billion, in proceeds.The tr
Volkswagen shares climbed 2.4% on Thursday ‌following the announcement of the sale of a majority stake in its engine unit Everllence in a deal set to generate €7.4 billion ($8.41 billion) for the
The automaker is selling a 51% stake in engine subsidiary Everllence as it seeks to streamline its investment portfolio.
Volkswagen has ​agreed to sell ‌a 51% stake ​in ​marine engine unit ⁠Everllence ​to private ​equity firm Bain Capital in ​a ​deal that will ‌generate ⁠proceeds at about €7.4 bi
Bain Capital ​is ‌set to ​acquire ​a majority stake ⁠in ​Volkswagen's ​marine engine unit ​Everllence, ​Financial Times reported ‌on ⁠Wednesday, citing people ​familiar ​with
Rivian (NASDAQ:RIVN | RIVN Price Prediction) at $14.89 is a Hold, with fresh capital best reserved unless a broader sector panic drags the equity toward $11.50.
RIO DE JANEIRO, June 23, 2026 /PRNewswire/ -- ECARX Holdings Inc. (Nasdaq: ECX), a global leader in intelligent automotive computing and software-defined vehicle technology, has been presented with t
Volkswagen remains a 'BUY' with a reiterated €160 PT, reflecting deep value and 20%+ annual upside potential. VW's European market dominance, robust dealer network, and localized production create a
Volkswagen ETR: VOW3 used its 66th annual general meeting to outline a difficult but active 2025 fiscal year, with executives pointing to product launches, electric-vehicle momentum and restructuring

Volkswagen Says Next Few Years Will Be Critical

05:49am, Thursday, 18'th Jun 2026
The automaker is pushing ahead with plans to restructure amid rising geopolitical tensions, intense competitive pressure and growing trade barriers.
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