Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...
09 Jul, 2026, 11.24 AM IST
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...
08 Jul, 2026, 03.20 PM IST
Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
26 Jun, 2026, 07.01 PM IST
Porsche CEO Blume to hand over reins next year, Bild reportsIn a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...
17 Oct, 2025, 01.09 PM IST
Volkswagen CEO clashes with workers as conflict over closures, pay deepensVolkswagen CEO and labor representatives clashed over proposed plant closures and pay cuts during a staff meeting. The CEO cited intense co...
04 Dec, 2024, 04.39 PM IST
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...
03 Sep, 2024, 01.36 AM 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
Mahindra & Mahindra open to investing in EV battery cell maker to secure supplies: CEO Anish ShahMahindra's plans come as Indian companies seek to capitalise on billions of dollars worth of incentives being offered by the government to ...
10 Jul, 2022, 03.21 PM IST
What's driving the latest Volkswagen power struggle?Volkswagen's four-member mediation committee is planning to discuss Diess' future soon, sources have said, creating uncertainty around the ...
05 Nov, 2021, 02.49 PM IST
Volkswagen CEO demands 'revolution' to tackle TeslaThe German group -- whose 12 brands include Audi, Porsche and Skoda -- is pumping 35 billion euros ($40 billion) into the shift to electric...
04 Nov, 2021, 09.50 PM IST
Former Volkswagen CEO Martin Winterkorn to pay firm $13 million over diesel scandalWinterkorn's payment is his share of an overall 288 million-euro settlement with Volkswagen by him and three other former managers. Volkswa...
09 Jun, 2021, 08.25 PM IST
Volkswagen to get $351 million in dieselgate settlement with former executivesThe settlement came on the same day that Berlin prosecutors charged Winterkorn with giving false testimony to the German parliament when he...
09 Jun, 2021, 05.47 PM IST
Volkswagen nears dieselgate claims settlement with former CEO WinterkornVia the settlement, Volkswagen is trying to turn the page on its biggest ever corporate crisis in which it admitted using illegal software ...
06 Jun, 2021, 05.17 PM IST
Volkswagen faces leadership crisis as CEO Herbert Diess demands vote of confidenceThe multi-brand car and truck maker is convening its Executive Committee to discuss Herbert Diess's demand for the contract extension, more...
01 Dec, 2020, 02.22 PM IST
Former Volkswagen CEO Martin Winterkorn indicted in US over 'Dieselgate'Winterkorn's indictment brings the US criminal case to the uppermost levels of Volkswagen, which pleaded guilty last year to lying to US re...
04 May, 2018, 08.55 AM IST
- VW, Porsche meet, merger news eyed
Officials from German car companies Volkswagen AG and Porsche AG were meeting in Wolfsburg Thursday afternoon amid intense interest about t...
13 Aug, 2009, 04.59 PM IST
- Porsche increases its stake in Volkswagen
Porsche said on Tuesday that it has again slightly increased its share in fellow German automaker Volkswagen AG, in which it plans to take ...
08 Oct, 2008, 12.13 AM IST