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VOLKSWAGEN INDIA EV PLANS
Hyundai Motor India plans to soon launch localised, mass-market SUV EVHyundai Motor India plans to soon launch a new mass-market SUV. This vehicle will be built on a dedicated electric vehicle platform. The co...- JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
- Gold prices soar, Indians swap old jewellery for new as advance purchase schemes lose shineWith gold prices soaring, consumers have increasingly turned to exchanging old jewellery, resulting in a notable decrease in advance purcha...
- EV retail sales rise 53% in August to 2.98 lakh units: FADAElectric vehicle retail sales in August grew 52.9 percent year-on-year. The two-wheeler segment led this growth with 1,83,204 units sold. E...
- CNG, hybrids, electrics rule motown: Alternative powertrains beat petrol vehicles for the first time in India as August auto sales jump 18%Retail vehicle sales surged by eighteen percent year-on-year, reaching 2.42 million units last month. For the first time, alternative energ...
- UK rules out JLR bailout as Tata-owned carmaker plans 4,000 job cuts amid rising costsJaguar Land Rover plans significant job cuts over two years due to rising costs and competition. The UK government will not provide financi...
- There’s a lot riding on cos getting rural 2-wheeler mix rightTwo-wheeler companies face complex rural stocking challenges for the upcoming festive season. Rural markets account for over half of indust...
- European shares log weekly losses on inflation worries; Volkswagen jumpsEuropean markets wrapped up the week with a dip, influenced by ongoing Middle East tensions and persistent inflation apprehensions. A posit...
- Kia looks to roll out multiple powertrains to meet India demandKia India is preparing electric, hybrid, and CNG models for the Indian market. The company acknowledges a huge burden in predicting custome...
- 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...
- Global Market: European shares edge lower as investors await US jobs dataEuropean shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the...
- Govt wants automakers to plug gaps in highway EV chargingThe government wants automakers to take greater responsibility for expanding and maintaining India’s EV charging network, as nearly half of...
- 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....
- Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
- Jindal Worldwide shares jump 20% to hit upper circuit, up 66% in 2026; check what’s driving the rallyJindal Worldwide shares hit a 52-week high and upper circuit after subsidiary Jindal Mobilitric announced plans to expand its retail networ...
- 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...
- Hyundai Motor India targets No. 2 spot with new SUVs, higher production capacityHyundai Motor India plans to launch two new SUVs, including an electric model, to boost sales. The company is increasing production capacit...
- 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...
- 50,000 Volkswagen jobs could be at risk — and thousands of angry workers are pushing back against the CEO's planVolkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...
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