Volkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve perc...

Volkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...

Volkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...

Volkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...

Volkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...

German auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...

Volkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...

In a turbulent turn of events, major global car manufacturers are grappling with heavy financial losses. Brands like Stellantis, Ford, Gene...

Volkswagen reported a 1.3-billion-euro operating loss in the third quarter, significantly impacted by billions in costs from U.S. tariffs a...

Volkswagen has extended its partnership with Amazon Web Services for five years to enhance its digital production platform using AI. Alread...

Luca de Meo may become the new CEO of Kering. He is currently the CEO of Renault. Kering owns Gucci and other luxury brands. De Meo has exp...

Volkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...

Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...

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...

The company has founded a new 'artificial intelligence lab' to generate new product ideas, including possible cooperation with companies in...

Mobileye's "SuperVision" system allows drivers to take their hands off the wheel in certain road types and enables the car to follow naviga...

Volkswagen the world's largest carmaker by sales, on Monday said it had resumed work at its biggest factory in Wolfsburg, Germany, to give ...