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The road ahead for Volkswagen's restructuring: ExplainedVolkswagen is set to meet regarding restructuring plans and job cuts to address financial losses. The company aims to strengthen its positi...- What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...
- Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
- 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...
- 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...
- Audi announces massive job cuts, sends big message to luxury car industryAudi employs about 88,000 people worldwide, including 55,000 in Germany.
- Trump's promised tariffs likely to hit global companies from Audi and BMW to Foxconn and LGPresident Trump intends to impose 25% tariffs on Canada and Mexico, impacting several Asian automakers and battery firms. This move affects...
- Tesla beats Audi in global car sales for the first timeTesla sold 1.79 million vehicles last year, surpassing Audi, which sold 1.67 million vehicles. Audi struggled with weak demand in Europe an...
- Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...
- Europe's EV troubles bubble up at Brussels Audi factoryAudi's Brussels factory faces closure amid low demand for electric vehicles and competition from China. Workers have launched a strike, fea...
- Nunam deploys Audi e-tron's used batteries in e-rickshawsThe non-profit startup based in Berlin and Bangalore is funded by the Audi Environmental Foundation and this is the first joint project bet...
- Pandemic has 'peaked out' globally, market to revive in 2021: Hildegard Wortmann, Audi AGThe pandemic has "peaked out" world over and the recovery is recognisable globally and in India too says Hildegard Wortmann, Member of the ...
- Tough times ahead: Volkswagen warns of 'very difficult' year ahead as corona wreaks havoc on economyThe group's finance chief said it was "uncertain how severely or for how long" the pandemic upheaval will affect the company.
- Audi AG registers net profit of €4.7 billion, plans €40 billion investment in next 5 yearsVolkswagen Group owned, Ingolstadt based luxury car maker, Audi has registered net profit of €5.1 billion before special items in a challen...
- Mercedes,BMW use digital technology to reach pan-India audienceMercedes becoming the first brand in the country to use Twitter’s Tweet-Cam idea to give users a personalised visual tour of its pavilion.
- Uber not running to buy Nokia's Google Maps rival: ReportsNokia's Berlin-based mapping business accounts for $1.1 billion in yearly revenue, or just less than 8% of Nokia's 2014 total sales.
- EU's emerging economies shine in Q1, shrug off UkraineThe data showed that in the first 3 months the region's economies were not affected by the Ukraine crisis and benefited from a strong perfo...
- German automakers BMW, Audi and Mercedes break with traditional Teutonic luxury; shrink models and build more cars abroadBMW, Audi & Merc are widening their lineups & global scale out of necessity because being niche players selling only $40K-plus sedans is no...
- Over half of Yahoo! users on mobile: Merissa MayerMore than half of the total 800 million monthly users of Yahoo! access it on their mobile phones, CEO Marissa Mayer said.
- Guide to managing online reputation and salvaging it in case of damageOpinions on social networks can go viral in minutes and rise to a tidal wave of negative perception that can destroy brand equity.
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