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VOLKSWAGEN INDIA
Half of Volkswagen's job cuts will be in Germany, supervisory board member saysVolkswagen could cut around 25,000 jobs in Germany as part of its planned 50,000 global workforce reduction, Lower Saxony Premier Olaf Lies...- Volkswagen to fire 12% of its India workforce amid major cost overhaulVolkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...
- Kia enters India’s hybrid passenger vehicle market with 3-row SUV SorentoKia India has launched its new Sorento SUV, marking its entry into the hybrid vehicle market. The premium three-row sport-utility vehicle i...
- PayPal cuts 220 India jobs as part of previously announced restructuring plan, source saysPayPal has cut around 220 jobs in India as part of a broader, multi-year transformation aimed at simplifying operations and reducing costs....
- Why a longer working week may not fix Volkswagen's woesGerman automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...
- VinFast puts the brakes on manufacturing some cars in IndiaVinFast has temporarily halted development and local manufacturing plans for three electric vehicles in India, asking suppliers to stop wor...
- India court to re-hear Volkswagen's challenge to $1.4 billion tax demand, sources sayAn Indian court will re-hear Volkswagen's challenge to a significant tax demand. This decision comes more than a year after arguments in th...
- TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...
- TCS to buy Porsche's IT unit, bags five-year deal worth $1.4 billionTCS Porsche IT unit acquisition: Porsche is a net new client for TCS and the deal will be a fresh one for the company. The acquisition will...
- Mid-size SUVs gain share in India as car buyers move to bigger vehiclesThe rise of mid-size SUVs is revolutionizing the passenger vehicle landscape in India, with buyers now placing a higher value on ample spac...
- Volkswagen Cars eyes mass growth in India with compact SUVVolkswagen plans to enter India’s sub-four-metre SUV segment next year with a compact SUV, aiming to expand beyond its limited portfolio an...
- Skoda unveils new Slavia with 8-speed automatic transmission, rear-seat massage function; check price, features list & moreSkoda Auto India has unveiled its updated Slavia sedan with new features. The new Slavia now offers an eight-speed automatic transmission a...
- Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...
- Skoda Auto re-enters diesel segment after 5-year gap with new SuperbSkoda Auto India has re-entered the diesel segment after five years. The company unveiled its premium executive sedan, the all-new Superb, ...
- Skoda Slavia facelift launch today: What is new, price, engine, features and key changesSkoda Slavia facelift launches in India today, August 18, with an expected set of styling updates, cabin upgrades and a new eight-speed tor...
- Audi India plans six new car launches in 18 months to revive sales, double luxury market shareAudi India is gearing up for a major rollout, unveiling six new models within the next eighteen months. Targeting a twofold increase in lux...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- Why Americans are leasing fewer carsVehicle leasing has significantly declined in the United States recently. Automakers are now offering less attractive lease rates to buyers...
- Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
- Audi must work with Volkswagen to realign business, says CFOAudi's finance chief stated the premium brand needs restructuring with Volkswagen. Declining sales in China and the United States are creat...
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