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Volkswagen China Executive Discusses EV Appeal and Chinese Auto Exports
Financefaz7d ago

Volkswagen China Executive Discusses EV Appeal and Chinese Auto Exports

Volkswagen's China board member Ralf Brandstätter explains that high oil prices are making electric cars more attractive in China, where customers prefer to control vehicles via voice and screens. He also discusses the wave of Chinese auto exports to the global South and what Germany can learn from China's engineering.

German Automakers Face Challenges in China, Mixed Q1 Results
Businessder-standard7d ago

German Automakers Face Challenges in China, Mixed Q1 Results

Volkswagen reports declining sales in China and slowing growth in the US, while Mercedes sees growth in the US and BMW navigates the crisis more effectively. The Chinese market slowdown is a significant factor impacting these German car manufacturers.

Volkswagen Group's Cupra Raval Unveiled as Affordable, Compact EV
Technologytelexel-mundoiefimerida+1klix-ba12d ago4 sources

Volkswagen Group's Cupra Raval Unveiled as Affordable, Compact EV

Cupra has introduced the Raval, its smallest and most affordable electric model to date, developed on the Volkswagen Group's MEB+ platform. The compact urban crossover, measuring just over four meters, offers a range of up to 450 kilometers and aims to attract new electric mobility users.

Volkswagen Considers Converting German Plant for Iron Dome Component Production
BusinessFTyle-uutisetDW+2capital-bgDaily Sabah26d ago5 sources

Volkswagen Considers Converting German Plant for Iron Dome Component Production

Volkswagen is reportedly in negotiations with Israel's Rafael Advanced Defense Systems to convert its Osnabrück plant for the production of components for the 'Iron Dome' air defense system, a move that could save jobs but has sparked alarm over ethics and political fallout for the German 'city of peace'.

Businessseeking-alpha28d ago

Volkswagen Explores Future of German Plant

Volkswagen is reportedly exploring the future of one of its German plants, with the article also mentioning reported talks on missile defense, though the direct connection is not elaborated.

Man Faces Jail for Not Returning Leased Car
Financetvn241mo ago

Man Faces Jail for Not Returning Leased Car

A 32-year-old man in Poland is facing up to five years in prison after he stopped paying installments on a leased Volkswagen worth nearly 90,000 zlotys and refused to return the vehicle after the lease agreement was terminated.

Hyundai Motor tops Volkswagen in profit for first time
BusinessKorea Herald1mo ago

Hyundai Motor tops Volkswagen in profit for first time

South Korea’s Hyundai Motor Group recorded the world’s second-largest operating profit among global automakers last year, surpassing Germany’s Volkswagen Group for the first time, industry data showed Wednesday. The group — which includes Hyundai Motor, Kia and luxury brand Genesis — posted 20.5 trillion won ($13.95 billion) in operating profit in 2025. That placed it behind only Toyota Group, which topped the list with 4.3 trillion yen ($27.15 billion) in operating profit. Industry watchers sai

Volkswagen Announces 50,000 Job Cuts Amid Profit Decline
Businesscnbcnosberlingske+7orfel-mundodh-les-sportschannel-news-asianewsbeastekathimerinipunch-ng1mo ago10 sources

Volkswagen Announces 50,000 Job Cuts Amid Profit Decline

Volkswagen plans to cut 50,000 jobs in Germany by 2030, exceeding initial forecasts, as the automaker faces a decline in profits, with its net result reaching 6.9 billion euros last year due to US tariffs and unforeseen restructuring costs.

Slovak Companies Adapt to Abolished May 8th Public Holiday
Businessdennik-n2h ago

Slovak Companies Adapt to Abolished May 8th Public Holiday

Slovak businesses, including Kia, Volkswagen, Lidl, and Deichmann, are adjusting their operations for May 8th, as the state has abolished the public holiday while maintaining 100% employee compensation, leading to more work in shops and factories but fewer in offices.

German Automotive Industry Stagnates, Shifts Focus to Arms Production
Politicsaktuality-sk2d ago

German Automotive Industry Stagnates, Shifts Focus to Arms Production

The German industrial engine is changing direction as traditional car manufacturers like Volkswagen, Mercedes-Benz, and Porsche face drastic profit declines and the longest stagnation since WWII, leading them to shift attention from car and auto parts production to arms manufacturing to save jobs.

Wuhan Robotaxi Malfunction Strands Passengers and Halts Traffic
TechnologyAPBBCbloomberg+46NYTwsjFTnrkcnbcfazSCMPder-standard+38 more21d ago49 sources

Wuhan Robotaxi Malfunction Strands Passengers and Halts Traffic

Autonomous taxis from Baidu's Apollo Go experienced a widespread system failure in Wuhan, China, causing over 100 vehicles to stop abruptly in traffic, leading to collisions and paralyzing road movement, with police rescuing stranded passengers.

Volkswagen in Talks with Rafael to Produce Iron Dome Parts at German Plant
TechnologyFTnzzfaz+10DWla-repubblicaorfhvg24urhaaretzla-vanguardiajerusalem-post+2 more27d ago13 sources

Volkswagen in Talks with Rafael to Produce Iron Dome Parts at German Plant

Volkswagen is reportedly exploring a significant shift into defense production, holding talks with Israel’s Rafael Advanced Defence Systems to manufacture parts for the Iron Dome defense system at one of its German plants, a move that could secure jobs and reflects the auto industry's pivot to defense. New reports confirm these discussions.

Volkswagen Renews Amarok Pickup Truck Lineup
Businessiefimerida1mo ago

Volkswagen Renews Amarok Pickup Truck Lineup

Volkswagen is updating its Amarok pickup truck, focusing its new strategy on limited-production editions like the Amarok Dark Label and Amarok W600, featuring V6 diesel engines and enhanced equipment.

New Volkswagen T-Roc Raises Bar in Compact SUV Segment
Technologyindex-hriefimeridanewsbeast1mo ago3 sources

New Volkswagen T-Roc Raises Bar in Compact SUV Segment

Volkswagen has unveiled the second generation of its new T-Roc compact SUV, which features larger interior spaces, an upgraded engine range, and enhanced electrified efficiency, following previous reveals of its distinctive exterior and unconventional interior design.

Volkswagen to cut 50,000 jobs
Business24ur1mo ago

Volkswagen to cut 50,000 jobs

Dark clouds are gathering over the German automotive giant Volkswagen. After last year's profit was the lowest in a decade, CEO Oliver Blume announced that they will...

VW profit rebound in doubt as Chinese rivals pose ‘existential threat’
BusinessBBCFTThe Guardian+11tagesschaufazDWle-figaroder-standardorfdie-pressehvg+3 more1mo ago14 sources

VW profit rebound in doubt as Chinese rivals pose ‘existential threat’

Volkswagen's profit nearly halved in 2025, dropping by 44% from 12.4 billion euros to 6.9 billion euros, raising doubts about a profit rebound as Chinese rivals pose an 'existential threat' and the company plans to cut 50,000 jobs in Germany as part of its ongoing restructuring.

Modernized Volkswagen ID.3 Addresses Previous Issues
Technologyaktualne-cz7d ago

Modernized Volkswagen ID.3 Addresses Previous Issues

The modernized Volkswagen ID.3 has reportedly fixed previous errors and features improved navigation, making it feel like a new car despite being a visual update. The review highlights significant improvements in the vehicle.

Israel and Lebanon Agree to Continue Direct Border Talks
PoliticsAPReutersBBC+65bloombergwsjwapoThe GuardianAl JazeeraFox Newstagesschaufaz+57 more7d ago68 sources

Israel and Lebanon Agree to Continue Direct Border Talks

Following initial discussions, Israel and Lebanon agreed to continue direct negotiations, a development the US described as a "historic milestone." Both nations committed to further talks aimed at resolving their disputed maritime and land borders.

BMW Shows Greater Resilience Amidst German Auto Industry Crisis
Businesstagesschaufazindex-hr+1observador1mo ago4 sources

BMW Shows Greater Resilience Amidst German Auto Industry Crisis

BMW reported a 3% decline in profit for 2025, performing better than its German competitors like Volkswagen and Porsche, whose earnings saw more significant drops. The company's resilience is attributed to various factors, even as the broader German automotive industry faces a turbulent period with increased competition from Chinese manufacturers.

Volkswagen Plans 50,000 Job Cuts Due To Plunging Profits; Board Members Grab €1.75MM Each In Bonuses
Businesszerohedge1mo ago

Volkswagen Plans 50,000 Job Cuts Due To Plunging Profits; Board Members Grab €1.75MM Each In Bonuses

Volkswagen Plans 50,000 Job Cuts Due To Plunging Profits; Board Members Grab €1.75MM Each In Bonuses Authored by Thomas Brooke via Remix News, German automaker Volkswagen plans to cut around 50,000 jobs in Germany by 2030 as profits slump and the company struggles with rising costs, tariffs, and declining margins. The job cuts were announced alongside the company’s 2025 financial results, which showed net profit falling 44 percent to €6.9 billion — the lowest level since the ...

VW Group's profit halved amid Porsche issues and US tariffs
Worldnzz1mo ago

VW Group's profit halved amid Porsche issues and US tariffs

The Volkswagen Group's profit has been halved, and its outlook remains uncertain, primarily due to problems with Porsche and the impact of US tariffs. CEO Oliver Blume is focusing on new models and stricter austerity measures to secure the future of Europe's largest carmaker.

Lucro da Volkswagen cai para 6,9 milhões
Businessobservador1mo ago

Lucro da Volkswagen cai para 6,9 milhões

A Volkswagen, que também possui a Audi, a Skoda e a Seat, informou que o lucro caiu para 6,9 mil milhões de euros. Grupo alemão anunciou que vai cortar 5.000 postos de trabalho na Alemanha até 2030.