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THOMAS SCHAEFER
Volkswagen labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...- Volkswagen presents compact electric SUV ID.CROSSVolkswagen on Sunday unveiled the ID.CROSS, a small electric SUV concept set for launch in summer 2026, priced between €28,000 and €30,000....
- In high-wage Germany, Volkswagen's labour costs outstrip the competitionVolkswagen faces pressure to reduce labor costs in Germany as they exceed those of rivals like BMW and Mercedes-Benz. While unions demand a...
- Volkswagen goes head-to-head with workforce over proposed company cutsVolkswagen management will address a tense workforce at its Wolfsburg headquarters, proposing significant cuts, including factory closures ...
- Volkswagen considers historic German plant closures in cost driveVolkswagen is considering closing two factories in Germany amid rising competition from Asian carmakers. This marks a significant clash bet...
- Volkswagen plans to launch entry-level electric vehicle by 2027Volkswagen plans to launch the ID.1 electric vehicle by 2027, led by Schaefer with four project teams. The company aims for efficiency thro...
- VW weighs staff reductions as electric shift stalls"The situation is critical. Many markets are under pressure. Our orders, particularly for electric vehicles, have been lower than expected,...
- Where is Tesla’s EV competition?Legacy automakers, such as General Motors and Ford, are struggling to catch up with Tesla in the electric vehicle (EV) market. Tesla's domi...
- Volkswagen brand will be electric-only carmaker in Europe from 2033 - brand chiefThe carmaker is targeting an entry-level electric vehicle for 25,000 euros or less. Schaefer said improving and standardising battery chemi...
- Volkswagen brand will be electric-only carmaker in Europe from 2033: Brand chiefThomas Schaefer said in the coming decade the VW brand would narrow down the number of models on offer to focus on core models, with the ai...
- Skoda Auto Volkswagen studying small car EV for India, considering an EV factory post 2025The company expects the semi-conductor supplies to improve from the second half of 2022. Speaking to the media post 2021 earnings call, Sch...
- Skoda Auto Volkswagen India MD Gurpratap Boparai resignsSkoda Auto Volkswagen India's Managing Director Gurpratap Boparai has resigned from the company with effect from January 1, 2022.
- Volkswagen eyes comeback with Rs 8,000 crore investmentHowever, just as it expands in India and gets deeper with localisation, Skoda has also said that the government should allow easier import ...
- India can contribute 10% of global production for Skoda: Thomas SchaeferSchaefer, in an interview over Skype, said any car maker cannot afford to remain in India to cater to India alone. The (manufacturing) base...
- Covid-19 fallout: Outrage breaks out in Germany as Adidas, H&M stop paying rentsSeveral policymakers have spoken against big corporations who are hiding behind the letter of the law to cut costs.
- German minister commits suicide after 'virus crisis worries'Schaefer, 54, was found dead near a railway track on Saturday.The Wiesbaden prosecution's office said they believe he died by suicide.
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