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Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...- Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
- Shein, Ford, Procter & Gamble and more: Full list of American companies raising prices due to Trump's tariffsPresident Donald Trump warned of short-term pain resulting from his tariffs and that pain has arrived in the form of higher prices. A wide ...
- Google, Volkswagen partner on smartphone AI assistantThe AI assistant draws on Google's Gemini large language models, programs that can understand and generate predictive responses to human la...
- Advertisers flee X as outcry grows over Elon Musk's endorsement of antisemitic postLinda Yaccarino, X's CEO, posted on the site Thursday that the company had been "extremely clear about our efforts to combat antisemitism a...
- 'War of the states': EV, chip makers lavished with subsidiesGeorgia, Kansas, Michigan, New York, North Carolina, Ohio and Texas have made billion-dollar pledges for a microchip or EV plant, with more...
- Twitter timeline 2022: From Elon Musk's entry as CEO to his planned departureOn Tuesday, Musk said he would step down as CEO after a Twitter poll he launched on his leadership.
- Advertisers react to Twitter's new ownershipAdvertisers are grappling with Twitter's new ownership under Tesla boss Elon Musk, who once tweeted "I hate advertising".
- Volkswagen to speed up electric vehicle transition, says new CEO Oliver BlumeAt a gathering of global top managers in Lisbon, new Chief Executive Oliver Blume said he had developed a ten-point plan focusing on topics...
- Elon Musk will be a great steward of Twitter, deglobalization is happening: Sridhar VembuThe micro-blogging platform, he said, was limiting itself by way of all the “virtue-signaling” and ideological affiliation, as a result, an...
- Elon Musk hands over first 'made in Germany' TeslasThe factory opening caps an arduous two-year approval and construction process that saw Tesla run into a series of administrative and legal...
- 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...
- First Berlin Teslas could come next month, Elon Musk tells fansTesla CEO Elon Musk said volume production would amount to 5,000 or "hopefully 10,000" vehicles per day, and battery cells would be made th...
- First Berlin Teslas could come next month, Elon Musk tells fans"Starting production is nice, but volume production is the hard part," Musk told a cheering audience at a festival at the plant site, many ...
- Mercedes, Skoda say custom duty hike on certain parts to lead to increase in vehicle pricesIn the Budget 2021-22, Finance Minister Nirmala Sitharaman proposed increase in customs duty of various parts, including ignition wiring se...
- US auto companies like Ford, General Motors and others gear up for Google’s self-driving technologyFord Motor and Google are discussing working together, including a JV to build cars using Google's technology, said a person familiar with ...
- Here's a round-up of the week that went byFrom PM Modi choking up at Facebook to Priyanka Chopra laughing with Jimmy Kimmel, the week has been quite eventful.
- How Volkswagen’s US ambitions planted the seeds of its downfallTo regain relevance in the US, Winterkorn had bet that Americans, who were rapidly shifting to Japanese-made hybrids, could be convinced to...
- PM Modi's three-nation tour: Indian carnival in HanoverSome 120 CEOs of Indian cos as well as union ministers and chief ministers are accompanying PM Modi to the Hannover Messe, the world’s larg...
- VW readies for the long drive aheadVolkswagen brand head, Wolfgang Bernhard, believes job cuts and new models can make it the king of small cars.
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