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VW JOB REDUCTION
How Volkswagen lost its way in ChinaVolkswagen faces severe challenges in China, with falling sales, political missteps, and competition from local brands. BYD's rise and stat...
31 Oct, 2024, 11.05 AM IST
Why Volkswagen is building a team of 3,000 engineers in ChinaVolkswagen is revamping its strategy in China, creating a "China for China" initiative due to the country's dominance in the electric car m...
12 Dec, 2023, 01.05 PM IST
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,...
27 Nov, 2023, 11.33 PM IST
Toyota commits $70 bln to electrification but hesitant about battery-powered futureBy 2030, Toyota is aiming for annual sales of 3.5 million BEVs, CEO Akio Toyoda told a news briefing, equivalent to around a third of its c...
14 Dec, 2021, 03.16 PM IST
Doomed to fail? How carmakers' climate vows fall short - and who's to blameThe annual "emissions gap" report by the United Nations' Environment Programme (UNEP), which measures the gap between anticipated emissions...
26 Oct, 2021, 09.32 PM IST
Volkswagen considering cutting up to 30,000 jobs: Handelsblatt"There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants," VW spokesperso...
13 Oct, 2021, 02.13 PM IST
Volkswagen's labour chief rules out four-day week to save jobs amid Covid-19 outbreakGermany's largest trade union IG Metall on Aug. 15 proposed negotiating for a transition to a four-day week across industry to help secure ...
06 Sep, 2020, 07.42 AM IST
Volkswagen to trim as many as 4,000 jobs amid digital overhaulThe move, brokered with VW’s powerful unions, includes job guarantees through 2029, the manufacturer said on Wednesday in a statement.
05 Jun, 2019, 11.15 PM IST
Why Tata Sons' N Chandrasekaran has reversed turnaround initiatives by Tata Motors’ CEO Guenter ButschekWhen TaMo CEO Butschek took over in mid-Feb last year, he quickly got down to executing his game plan, going for growth with more products ...
17 Aug, 2017, 04.37 PM IST
Volkswagen’s crippling supplier feud shows limits of penny pinchingVW agreed to compensate Bosnian parts maker Prevent Group for a canceled contract and extend their partnership for another six years.
24 Aug, 2016, 03.06 PM IST
- Geneva Motor Show: Ford, Toyota and other carmakers prepare for deepening slump
Ford Motor, Toyota Motor and other competitors are preparing for a deeper slump in the European auto market after deliveries at the beginni...
07 Mar, 2012, 05.24 AM IST