Volkswagen Group (XETRA:VOW) has “little to gain” in continuing to sell flagship branded cars in the US after the departure of its chief executive there, Stifel analysts have argued. “VW should
Australian battery manufacturer Novonix said on Monday it had signed a binding offtake agreement with Volkswagen-founded PowerCo for the supply of a minimum of 32,000 metric tons of high-performance s

Porsche exec talks 911 Carrera T and Taycan GTS V

12:00am, Saturday, 23'rd Nov 2024
For Porsche, it turns out meeting customers where they are at, being flexible - whatever you want to call it - is sehr gutes Geschäft, or very good business. #youtube #porsche #cars About Yahoo Finan
Volkswagen sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros ($4.2 billion) in costs, the brand's chief executive said in a newspaper interview, amid an escalating

Porsche backed as Citi confident of turnaround

10:20am, Friday, 22'nd Nov 2024
Porsche AG (ETR:P911) has been backed with a ‘buy' rating by Citi analysts, which downplayed fears over European car demand and pointed to confidence in a turnaround at the manufacturer. Shares have
Volkswagen labour representatives have voted for limited strikes from early December, according to a statement from regional IG Metall trade union on Friday.
Atlanta, Nov. 21, 2024 (GLOBE NEWSWIRE) -- The Porsche Taycan Turbo GT has been named Road & Track's Performance EV of the Year in the category over $100,000. This marks the second consecutive win for
Volkswagen's union said it would recommend its members go on strike from Dec. 1 as talks over wages and factory closures with the carmaker's management failed to achieve a breakthrough on Thursday.
Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before unions have threatened to escalate the fight wi
Volkswagen Group (XETRA:VOW) workers have offered to forego bonuses for the next two years in an effort to stop the car maker from shutting three plants in Germany as part of an unprecedented cost-cu
Daniela Cavallo faces the battle of her career as she fights what would be the first German factory closures in the automaker's history.
Workers are prepared to make concessions worth 1.5 billion euros ($1.58 billion) in ongoing negotiations with Volkswagen over cost cuts, warning of a far-reaching conflict if the carmaker insists on p
Volkswagen is planning to shut factories in every scenario presented to labour representatives, putting both factions on collision course in a dispute over pay and jobs, and raising the spectre of str
As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion

VW taps former Rivian exec to run US business

04:09pm, Tuesday, 19'th Nov 2024
Volkswagen of America has a new CEO: Rivian's recently departed chief commercial officer Kjell Gruner.
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