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Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
Volkswagen plans US reboot with pickup, new leadership: ReportVolkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...
Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...
VW Group to spend $186 billion by 2030, focus on Germany, EuropeVolkswagen Group, including Porsche and Audi, will invest 160 billion euros over the next five years. The focus is on Germany and Europe, c...
China poses 'very significant' challenge to German brands, BMW leader saysBMW's Hungarian chief warns of significant competitive challenges from China's auto industry as BYD prepares to launch production in Hungar...
Volkswagen CEO: Tariffs have cost group billions so farVolkswagen's CEO, Oliver Blume, revealed that U.S. tariffs have cost the company billions of euros this year, significantly impacting brand...
Audi weighs price increases to soften US tariff blowAudi is considering whether to pass on the cost of U.S. import tariffs to customers and expects a decision this year on localising producti...
Which car companies are in firing line of Trump's tariffs on Mexico, Canada?The United States is set to implement proposed tariffs on Canada and Mexico, potentially affecting automakers like Audi, BMW, Ford, GM, and...
From Audi to Foxconn and H&M; which companies are likely to feel the heat from Donald Trump's tariffs?President-elect Trump's proposed tariffs on Canada, Mexico, and China threaten major industries. Automakers like Audi, BMW, and Toyota, alo...
Motherson Sumi closing in on two acquisitions, says Chairman Vivek Chaand SehgalThe company has put the building blocks in place to accomplish the stated target, Sehgal says.
Volkswagen recovery draws investors to Motherson SumiThe dual benefit of VW group’s improving sales and the investors switching to the export-focused sector has boosted the stock price by near...
Why trouble for Volkswagen made in Germany means Mexico headacheVW has already cut Saturday shifts at its Puebla factory, the largest stand-alone plant making VW brand cars outside of Wolfsburg, where th...
Audi hopeful of retaining top spot in India with new launches this yearAudi, which struggled to maintain its lead over Mercedes-Benz in 2014 and FY15, is confident of extending its market leadership in 2015.
We have the arsenal to preserve our turf: Audi India's head Joe King"Audi A3 is a car with no compromise on luxury that would create its own market and involve selfdriving younger customers," said head Joe K...
India has biggest long-term potential: Luca de Meo, AudiGerman luxury carmaker Audi AG is betting on India’s rapidly growing working population to drive its annual global sales to 2 million by 20...
'India will be fifth-largest auto market by 2015'Benoit Tiers, managing director of Audi's Indian subsidiary, talks to ET NOW and said he is upbeat on India growth plans.
India to be fifth-largest auto mkt by 2015: Audi India MDIndia is a very interesting market because most manufacturers have their production plants in the country, says Audi India MD.