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KPIT Technologies’ Q4 net profit slips to Rs 163 croreKPIT Technologies reported a 33.4% year-on-year drop in Q4 FY26 net profit to Rs. 162.9 crore, impacted by geopolitical uncertainties, desp...- Volkswagen says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...
- China's Horizon Robotics announces partnership with Volkswagen on advanced smart driving techHorizon Robotics will collaborate with Volkswagen on advanced driver assistance, integrating its Superdrive solution into VW models via Car...
- China's Ecarx explores US entry, in talks with VW to develop smart cars for Europe, CEO saysVolkswagen is in discussions with Ecarx to incorporate the Chinese company's digital cockpit technologies in Skoda cars sold in Europe. Eca...
- Volkswagen bets on US startup to save its EV strategyVolkswagen, struggling against US and Chinese electric vehicle rivals, partners with Rivian to revamp its EV software strategy. The German ...
- Long-term outlook good for IT services sector; Macquarie's Ravi Menon bullish on 5 large and midcap stocksRavi Menon from Macquarie expresses optimism for a strong run in the Indian IT sector, highlighting companies like TCS, HCL, Wipro, and LTI...
- Explainer: What's behind Volkswagen's USD 5 billion EV software bet on Rivian?The tie-up is the latest in a string of deals by Volkswagen Chief Executive Oliver Blume, who took over in September 2022 after the ousting...
- Volkswagen's $5 billion investment in Rivian boosts EV maker's sharesRivian secures vital funding through Volkswagen's investment, enabling the launch of new EV models. The partnership signifies a significant...
- Volkswagen creates AI lab, in talks with potential partners for digital prototypesThe company has founded a new 'artificial intelligence lab' to generate new product ideas, including possible cooperation with companies in...
- SoftBank to invest $514 million for 51% stake in Cubic TelecomThe Japanese telecommunications arm of tech investment giant SoftBank Group and Cubic "will form a strategic global partnership to pioneer ...
- Porsche to integrate Google Maps, Assistance into future carsPorsche said in January it was considering fully integrating Google software into its car cockpit, following the end of its cooperation wit...
- Porsche to incorporate Mobileye automated driving and navigation softwareMobileye's "SuperVision" system allows drivers to take their hands off the wheel in certain road types and enables the car to follow naviga...
- Volkswagen to invest $193 bn over 5 years to help meet EV targetOver two-thirds of the five-year investment budget is allocated towards electrification and digitalisation, up from 56% in the previous fiv...
- 'They fire, we hire' - Germany seizes on Silicon Valley's woesThe U.S. West Coast has always been the main destination for ambitious software engineers looking to work in the best-paid, most elite corn...
- 'They fire, we hire' - Germany seizes on Silicon Valley's woesWhile Germany is also teetering on the edge of recession, its companies have grown more slowly in recent years and, in a country notorious ...
- 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...
- Volkswagen cranks up electric car investmentFrankfurt, Dec 9, 2021 - German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles and digita...
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