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...
10 Mar, 2026, 06.13 PM IST
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...
25 Jul, 2025, 02.16 PM IST
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 ...
16 Dec, 2024, 01.09 PM IST
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...
03 Nov, 2024, 02.42 PM IST
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. ...
27 Oct, 2024, 11.25 PM IST
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 ...
17 Oct, 2024, 05.43 PM IST
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...
03 Sep, 2024, 01.36 AM IST
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.
20 Jul, 2021, 11.48 PM IST
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 ...
14 Jan, 2021, 01.29 PM IST
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 ...
11 Sep, 2020, 12.47 PM IST
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...
04 Jun, 2020, 09.37 PM IST
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.
26 Nov, 2015, 03.22 PM IST
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...
13 Oct, 2015, 08.36 PM IST
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...
12 Apr, 2015, 08.15 PM IST
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 ...
21 Nov, 2014, 07.30 PM IST
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 ...
17 Mar, 2014, 03.41 PM IST
- Malaysia's Proton develops new hybrid car: reports
Malaysia's state-owned carmaker Proton is developing a new, fuel-efficient hybrid car to beat rising costs and address environmental concer...
03 Aug, 2008, 01.40 PM IST