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VOLKSWAGEN SAVINGS PLANS
Volkswagen chief warns company's situation 'more than critical'Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...- In the 1970s, Roxanne Quimby raised twins in a Maine cabin without electricity or running water; after building Burt’s Bees, her family donated 87,500 acres and $20 millionAn artist named Roxanne Quimby moved to Maine and lived simply in the woods. She co-founded Burt's Bees, which became a successful natural ...
- Volkswagen eyes JSW lifeline in India as group weighs majority stakeVolkswagen is in advanced discussions with India’s JSW Group for a local partnership. The German automaker seeks fresh capital and a strong...
- 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 bets on US startup to save its EV strategyVolkswagen, struggling against US and Chinese electric vehicle rivals, partners with Rivian to revamp its EV software strategy. The German ...
- VW cost cutting necessary after 'decades of structural problems', CEO tells paperVolkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...
- Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros - HandelsblattVolkswagen is considering significant cost-cutting measures, including a 10% wage cut and a two-year wage freeze, to save 4 billion euros. ...
- VW talks with unions are 'serious, critical and controversial', works council chief saysVolkswagen is in contentious talks with unions over planned cuts to its German sites. Weekly meetings cover savings, production plans, and ...
- Volkswagen considers historic German plant closures in cost driveVolkswagen is considering closing two factories in Germany amid rising competition from Asian carmakers. This marks a significant clash bet...
- Skoda Auto Volkswagen's Made for India compact SUV may hit roads by 2023The group is working on a plan to make an India-specific sub-compact SUV to gain from lower tax for such vehicles.
- New Renault boss Luca de Meo to cut more costs in turnaround driveRenault hiked its cost savings target by 500 million euros ($608 million) to 2.5 billion euros by 2023, and set goals to gradually ramp up ...
- German truck maker MAN to cut up to 9,500 jobs to become profitableMAN said it planned a partial relocation of some of the development and production processes to other sites, adding that sites at Steyr in ...
- Skoda Volkswagen aims for carbon neutral car production in India by 2025The automobile industry also uses gases like propane, LNG or LPG at during manufacturing. Boparai said that SAVWI will move to biogas as it...
- FAME-India scheme to save Rs 60,000 crore on oil import bill: GovernmentIndia's crude oil import bill is likely to drop by 35 per cent to $73 billion this fiscal on lower global energy prices and weak demand.
- Scandal-hit Volkswagen to change diesel emissions technologyVolkswagen's flagship brand plans to change its diesel technology in Europe and North America as well as develop new hybrid and electric ve...
- Maharashtra CM Devendra Fadnavis sets priorities for Hannover Trade FairFadnavis will meet top officials of bus manufacturing company VOLVO and Swedish engineering group Sandvik for expanding their base in Mahar...
- Volkswagen announces multi-billion investment plan on expansion, modelsThe bulk of spending would go toward developing a range of sports utility vehicles, as well as on modernizing part of the light commercial ...
- Renault-Nissan name new alliance team to step up integrationRenault and alliance partner Nissan unveiled plans on Monday to integrate key operations and pursue economies of scale to keep up with big ...
- Malaysia's Proton develops new hybrid car: reportsMalaysia's state-owned carmaker Proton is developing a new, fuel-efficient hybrid car to beat rising costs and address environmental concer...
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