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VOLKSWAGEN PROFITS
Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...- 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 ...
- Volkswagen labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
- Toyota expects $4.3 billion hit from Iran war falloutToyota anticipates a significant financial hit from the Iran war. The automaker expects the crisis to cost approximately $4.3 billion this ...
- 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...
- Beijing auto show: Chinese EV makers target Europe’s luxury car turfChinese car makers are now targeting premium customers. Brands like Geely and Nio are launching advanced electric and hybrid vehicles. Thes...
- Volkswagen says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...
- Volkswagen takes 1.3-bn-euro hit from Trump tariffsVolkswagen faced a setback due to tariffs by US President Donald Trump. The tariffs cost the company 1.3 billion euros in the first half of...
- Volkswagen weathers pandemic with $10.7 billion profitVolkswagen common shares traded 1.2% higher after the earnings statement. More financial details are to be announced March 16 at the compan...
- Turning corona corner, Volkswagen's profit falls less than fearedThe group said full-year operating profit, excluding costs related to its diesel emissions scandal, came in at 10 billion euros ($12.2 bill...
- 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...
- Amid global woes, India a bright spot for automaker VolkswagenVolkswagen India posted a net profit of Rs 604 crore in fiscal 2015, its filings with the Registrar of Companies showed, and it was sitting...
- Porsche cashes in on turnaround with consultancy businessPorsche Consulting's team of over 360 can draw on the carmaker's experience of recovering from the brink of insolvency two decades ago.
- Volkswagen's H1 profit up strongly at $2.4 bnVolkswagen AG says its first-half net earnings surged to euro1.82 billion ($2.4 billion) as strong demand from China helped pushed sales hi...
- Volkswagen buys 49.9% in Porsche for $5.8 bnEuropean auto giant Volkswagen Aktiengesellschaft on Tuesday said it has bought 49.9% stake in luxury car maker Porsche for € 3.9 billion (...
- Volkswagen seals Porsche deal for $4.7 bnVolkswagen, Europe’s largest carmaker, will pay about e3.3 billion ($4.7 billion) for a 42% stake in Porsche’s automotive unit as it execut...
- Volkswagen sales, profits slumpEurope's biggest carmaker Volkswagen hit the skids in the first three months of 2009, results showed on Wednesday, with sales sliding and p...
- Volkswagen profits race aheadVolkswagen, the biggest European car maker, reported a 41.8-per cent rise in quarterly net profit on Friday, saying this would enable it to...
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