German auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...

Volkswagen Group, including Porsche and Audi, will invest 160 billion euros over the next five years. The focus is on Germany and Europe, c...

In a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...

Volkswagen's CEO, Oliver Blume, revealed that U.S. tariffs have cost the company billions of euros this year, significantly impacting brand...

Volkswagen CEO Oliver Blume addressed concerns about his dual role leading both Volkswagen and Porsche. Blume stated that no decision has b...

Volkswagen is considering introducing its affordable small electric cars to the Indian market, leveraging partnerships to optimize their in...

Volkswagen CEO and labor representatives clashed over proposed plant closures and pay cuts during a staff meeting. The CEO cited intense co...

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...

Volkswagen's CEO Oliver Blume has announced the need for significant cutbacks in Germany due to a shrinking European market and rising comp...

Volkswagen's decision to close plants in Germany and end long-standing labour agreements has highlighted its unique governance and ownershi...

Volkswagen has announced plans for a cheaper electric model, priced around 20,000 euros ($21,800), to be introduced in 2027. The model will...

German automaker Volkswagen (VW) Group plans to adopt a phased approach to localizing its battery electric vehicles (BEVs) in India. The co...

Attracting interest from a broad range of investors was important, Blume said, declining to comment on what proportion of Porsche shares Vo...

Volkswagen triggered a listing of sportscar brand Porsche late on Monday after months of deliberation, but cautioned the move was still sub...

At a gathering of global top managers in Lisbon, new Chief Executive Oliver Blume said he had developed a ten-point plan focusing on topics...

Porsche boss Oliver Blume will succeed Diess within weeks, ending a four-year tenure in which his hard-nosed leadership style caused consta...

Herbert Diess's departure comes as the company is pushing to beat Tesla at becoming the world's top electric vehicle maker, catch up on sof...