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VOLKSWAGEN COMPETITIVENESS
With JSW by its side, Volkswagen to put India expansion plans on the fast trackVolkswagen Group is preparing a broad overhaul of its India strategy after its proposed alliance with JSW Group, covering sourcing, product...- AI hopes, industrial malaise drive boom in German startupsMore than 3,000 startups were founded in Germany in the first half of 2026, according to economy ministry data. That's an all-time record a...
- Advent International seeks CCI green channel clearances for Yatharth Hospital stake buyAdvent International's Rasmalai Limited has sought Competition Comission of India's (CCI) approval to acquire a stake in Yatharth Hospitals...
- From pickups to idle plants: automakers seek lifeline from defence boomWestern automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...
- Siemens launches fresh AI reinvention drive to boost returnsStarting Oct. 1, four units within the top division, Digital Industries, will combine into a single automation business. Connecting sales, ...
- India probes LG, Samsung over alleged tariff evasion on imported OLED TV partsIndia is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...
- Volkswagen workers demand action as German auto jobs face cutsIn a recent meeting, Volkswagen's employee representatives expressed the urgent need for management and policymakers to take decisive actio...
- Volkswagen overhaul puts Seat’s future at risk as Chinese rivals reshape global auto industryVolkswagen's strategic overhaul may lead to the discontinuation of its Seat brand. This move signals significant industry consolidation ami...
- 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...
- 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...
- Tata-owned JLR to cut 4,000 jobs in the UK amid sales and tariff pressuresTata-owned Jaguar Land Rover plans to cut about 4,000 UK jobs over two years as it targets £1.7 billion in savings. The move comes as JLR b...
- 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...
- 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. ...
- 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...
- 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...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- Volkswagen chief warns company's situation 'more than critical'Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...
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