Volkswagen management will address a tense workforce at its Wolfsburg headquarters, proposing significant cuts, including factory closures ...

Volkswagen is considering closing two factories in Germany amid rising competition from Asian carmakers. This marks a significant clash bet...

Volkswagen plans to launch the ID.1 electric vehicle by 2027, led by Schaefer with four project teams. The company aims for efficiency thro...

"The situation is critical. Many markets are under pressure. Our orders, particularly for electric vehicles, have been lower than expected,...

Legacy automakers, such as General Motors and Ford, are struggling to catch up with Tesla in the electric vehicle (EV) market. Tesla's domi...

The carmaker is targeting an entry-level electric vehicle for 25,000 euros or less. Schaefer said improving and standardising battery chemi...

Thomas 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...

The 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's Managing Director Gurpratap Boparai has resigned from the company with effect from January 1, 2022.

However, just as it expands in India and gets deeper with localisation, Skoda has also said that the government should allow easier import ...

Schaefer, in an interview over Skype, said any car maker cannot afford to remain in India to cater to India alone. The (manufacturing) base...

Several policymakers have spoken against big corporations who are hiding behind the letter of the law to cut costs.

Schaefer, 54, was found dead near a railway track on Saturday.The Wiesbaden prosecution's office said they believe he died by suicide.