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VOLKSWAGEN EARNINGS 2025
Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...- Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
- BMW braces for another year of tariff and China strugglesBMW anticipates a challenging 2026. The German automaker expects a drop in pre-tax earnings and flat car deliveries. Trade barriers and fie...
- Volkswagen's third-quarter sales lifted by Europe and EVsVolkswagen Group saw a slight rise in global car sales for the third quarter. New models boosted performance in Western Europe. However, sa...
- Rivian stock rallies 8% on Fed hopes and Q2 gains — U.S. sales hit 10-month high, but is RIVN’s EV surge real or just hype?Rivian stock jumped 8% after the Fed hinted at possible rate cuts and the company reported its Q2 results, showing U.S. sales hitting a 10-...
- Rivian earnings shock triggers stock plunge—Q2 miss and $2.25B loss spark 4% drop as EV credit cut, Trump tariffs fuel panic sell-offRivian stock plunged over 4% after the company posted a disappointing Q2 2025 earnings report and forecasted a wider $2.25 billion annual l...
- Its car profits down, Volkswagen has a new idea: TanksVolkswagen is considering a shift towards military production as its auto business faces challenges, including high costs and declining pro...
- Aston Martin cuts 5% of workforce, delays first electric car againAston Martin will reduce its global workforce by about 5% to cut costs and focus on future investments. The launch of the company's first b...
- Automakers thrived in the pandemic. Many are now struggling.Each carmaker has its own problems, but there are some common threads. They include a tricky and expensive technological transition, politi...
- Donald Trump's tariffs could cost carmakers up to 17% of combined core profits: S&PEuropean and American carmakers could lose up to 17% of their annual core profits if the U.S. imposes import tariffs on Europe, Mexico, and...
- In high-wage Germany, Volkswagen's labour costs outstrip the competitionVolkswagen faces pressure to reduce labor costs in Germany as they exceed those of rivals like BMW and Mercedes-Benz. While unions demand a...
- FMCG, auto companies step up ad spends to revive demandConsumer and automobile companies like Nestle, Colgate-Palmolive, Godrej Consumer Products, and major carmakers are significantly increasin...
- Mercedes to step up cost cuts after weak Q3 earnings, competition woes in ChinaThe carmaker cut its full-year profit margin target twice during the third quarter, joining a growing number of European rivals blaming a w...
- Mahindra & Mahindra to introduce 7 Electric Vehicles by 2030, starting in 2025Mahindra & Mahindra announced plans to introduce seven battery electric vehicles by 2030, starting new models from 2025. The company aims t...
- 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...
- Skoda Auto Volkswagen studying small car EV for India, considering an EV factory post 2025The company expects the semi-conductor supplies to improve from the second half of 2022. Speaking to the media post 2021 earnings call, Sch...
- The money is there, Volkswagen CEO says of planned battery cell pushBuilding new battery cell plants, which usually cost around 2 billion euros ($2.4 billion) apiece, are a key requirement for Volkswagen's v...
- Ahead of 2.0 rollout, Volkswagen Group may exit NBFC biz in IndiaThree people confirmed that the finance arm has stopped retail lending to its customers last year and Volkswagen Finance is also expected t...
- Volkswagen Group to expand production of EVs worldwide on a massive scaleThe contracts already awarded have a total volume of around EUR 20 billion. A supplier decision for North America will be taken shortly, th...
- Motherson Sumi slumps as client VW runs into regulatory troubleMotherson Sumi fell 9% on Tuesday amid concerns that regulatory problems being faced by VW, may weigh on its business prospects.
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