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PORSCHE FACTORY INVESTMENTS
Porsche to cut another 5,000 jobsPorsche will eliminate another five thousand jobs by the year 2035. This decision follows previous job cuts and is part of restructuring me...- Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
- Volkswagen offers early exits to India plant workers as it restructures operationsVolkswagen India is offering early retirement to its 2,300 factory workers as part of a broader restructuring to boost growth in the countr...
- Skoda VW India gets nod for €1 billion investment under India 3.0 strategySkoda Auto Volkswagen India will invest ₹10,000 crore to expand operations. The company will focus on premium SUVs and electric vehicles. T...
- With Trump threatening tariffs, Porsche, BMW look to next German govt for way out of crisisGermany’s auto industry is facing challenges with declining sales, high production costs, and trade tensions. The upcoming election is cruc...
- Xiaomi says it has no plan to launch its electric car, SU7, in IndiaXiaomi's electric car, the SU7, won't be coming to India anytime soon. The company is prioritizing the Chinese market after successful init...
- Which Volkswagen factories in Germany could be hit by layoffs or closed?Volkswagen plans to end its job security programme, in place since 1994, due to competition from Asian rivals. This move could impact sever...
- Volkswagen Law: the unique structure behind the German carmaker's labour clashVolkswagen's decision to close plants in Germany and end long-standing labour agreements has highlighted its unique governance and ownershi...
- Porsche exploring assembly of Cayenne SUV in India amid growing domestic demandPorsche is considering starting local assembly of its Cayenne SUV in India to take advantage of tax benefits and meet growing demand in the...
- Porsche ignites blockbuster IPO, defying market turmoilEven as markets worldwide suffer from surging inflation and mounting recession fears, the maker of the 911 sports car has pushed ahead with...
- India lacks in ease of doing business, says Volkswagen's top bossThe VW Group has two factories in India — at Pune and Aurangabad — and locally manufactures/assembles models from brands such as Skoda, Vol...
- 2020 Porsche Taycan Turbo S: A stunning e-car with best-ever regenerative brakes at $185,000The car boasts of an impressive battery life.
- Porsche Taycan: Tesla Model S's direct competition is 2019's most-anticipated debutThis four-door sedan is Porsche’s first move into general-production electrified cars.
- Is buying a vintage Porsche for less than $10,000 a good investment?It will turn admiring heads when you park it at your next car gathering.
- BMW invokes fear factor to rally troops around e-carsFor years, BMW set the benchmark in luxury, but it needs to hit the accelerator to fend off resurgent rivals such as Mercedes-Benz.
- We are not a cheap car maker and will never be, says Thierry Lespiaucq, MD Volkswagen IndiaVolkswagen Group aims to get solid market share in segments where it has a presence and be among the top three, says MD Thierry Lespiaucq.
- Volkswagen board approves Porsche takeover: FirmVolkswagen said on Friday its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche, as Europe's bigges...
- Volkswagen's Wolfsburg plant may roll out Audis tooVolkswagen is seriously considering making cars for premium arm Audi in its main Wolfsburg plant to fill unused capacity at the factory and...
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