Searched for
VOLKSWAGEN INVESTMENT
European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
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...
Remember GoPro, the king of action cameras? The once-$11 billion giant is now fighting just to stay aliveGoPro bankruptcy risk: Once an $11 billion market cap giant, GoPro now faces an uncertain future. Its auditor raised "substantial doubt" ab...
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...
Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ireCar companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers r...
Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
Volkswagen group eyeing 5% market share in India before turn of decade: SAVWIPL MD & CEOVolkswagen Group aims for a 5 percent market share in India by 2030. Alternative fuel technologies will be crucial for this growth. The com...
Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing showsVolkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rule...
Volkswagen is reeling in China. Can EVs help it grow in the US?The world's second-largest automaker faces a vexing landscape of challenges in Europe, the U.S. and especially China, where domestic EV mak...
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 to invest in mines in bid to become global battery supplierEurope's biggest carmaker wants its battery unit PowerCo to become a global battery supplier, not just produce for Volkswagen's own needs, ...
Porsche enters stock market with historic IPO. See price of its sharesThe listing broke records and saw Porsche's market cap of around $72 billion was above rivals Ferrari and slightly lower than Volkswagen.
Volkswagen invests $620 mln in Northvolt to secure battery supplyThe investment, part of a $2.75 billion funding round launched by the maker of lithium-ion batteries, will keep Volkswagen's stake stable a...
Volkswagen brand to accelerate margin hike for core brandThe Volkswagen brand now aims to raise its profit margin to at least six percent in 2022, three years earlier than initially forecast. Most...
Volkswagen India posts 6th straight year in production growth in 2017, registers output of 1.5 lakhA production of 150,150 cars represented a growth of 3.5% over 2016, wherein the company produced close to 1.45 lakh units.
Indian buyers expect diesel variant of each car brand: Andreas Lauermann, VW India headVolkswagen India last week announced that the company will invest Rs 720 crore in its Pune plant to produce a new compact sedan specificall...
Scandal-hit Volkswagen to cut investment by 1 billion euros a yearVolkswagen said it would slash its annual investment budget by one billion euros for its main VW brand in the wake of the pollution-cheatin...
- VW plans new Chinese auto factory
The European automaker Volkswagen will build a new factory in southern China as part of a long term strategy in what is now VW's most impor...