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VOLKSWAGEN PRODUCTION REDUCTION
European automakers hail 'landmark' India-EU FTA but price cut unlikely in foreseeable futureMajor car companies like Mercedes-Benz, BMW, and Audi have welcomed the India-EU Free Trade Agreement. They believe this landmark deal will...
Volkswagen extends Amazon cloud partnership to save costs with AIVolkswagen has extended its partnership with Amazon Web Services for five years to enhance its digital production platform using AI. Alread...
Skoda, Mercedes, Kia, Hyundai keen to manufacture EVs in India: KumaraswamyUnion Minister H D Kumaraswamy announced that Mercedes Benz, Skoda-Volkswagen, Hyundai, and Kia are considering manufacturing electric vehi...
VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reportsVolkswagen managers will face a two-year 10% pay cut due to reduced bonuses, as part of a deal with unions to cut jobs and production. The ...
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...
Why Volkswagen is building a team of 3,000 engineers in ChinaVolkswagen is revamping its strategy in China, creating a "China for China" initiative due to the country's dominance in the electric car m...
Europe set for two new gigafactories as it lures battery makersSweden's Northvolt said it is set to pick Heide in northern Germany for its factory as long as subsidies are approved, estimated by one sou...
Mahindra & Mahindra open to investing in EV battery cell maker to secure supplies: CEO Anish ShahMahindra's plans come as Indian companies seek to capitalise on billions of dollars worth of incentives being offered by the government to ...
Volkswagen on track to achieve market share of 5% in India by 2025: Gurpratap BoparaiSkoda Auto Volkswagen India managing director Gurpratap Boparai told ET that despite pressures in the supply chain, the company has not had...
Skoda Auto Volkswagen FY20 net profit drops 20%, revenue falls 11%Revenues of the merged entity fell over 11% to Rs 9,300 crore in FY20, according to the company’s filing in the corporate affairs ministry.
Skoda installs 8.5 MWp rooftop solar power plant at Chakan facilityLast year, the company had inaugurated its first major 980 KV solar PV installation at its Aurangabad manufacturing plant. It currently pro...
Volkswagen takes localised route to cut maintenance costs in IndiaVW has struggled to make its presence felt in India, where it had high hopes of doing well. In 2018 the company's sales declined by 22.5 pe...
Electric vehicles on the road are set to triple in two yearsThe findings illustrate the speed at which the world’s transportation system is shifting toward cleaner fuels as governments focus on limit...
Volkswagen reduces impact of manufacturing process to the environment by 25% per car globallyVolkswagen Pune Plant, one of the 27 Volkswagen automotive manufacturing facilities worldwide, follows the 'Think Blue Factory' initiative ...
- Volkswagen's eco-campaign helps reduce CO2 emission and energy consumption in Pune plant
Volkswagen India’s ‘Think Blue. Factory’ initiatives for sustainable automotive production has helped its Pune plant reduce CO2 emissions b...
- Volkswagen to unveil new electric car at IAA
German carmaker Volkswagen AG said on Monday that it would unveil several new models at the Frankfurt Auto Show, including an electric car ...
- Carmakers pledge support for Bali climate talks
The chief executives of 13 automobile companies pledged their support for UN climate talks in Bali, Indonesia, in a letter published in the...