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VOLKSWAGEN SHARES
Global Market: European shares edge lower as investors await US jobs dataEuropean shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the...- PayPal cuts 220 India jobs as part of previously announced restructuring plan, source saysPayPal has cut around 220 jobs in India as part of a broader, multi-year transformation aimed at simplifying operations and reducing costs....
- Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...
- Why a longer working week may not fix Volkswagen's woesGerman automakers face high labor costs and foreign competition. Calls are rising to extend the standard 35-hour work week to 40 hours. Thi...
- VinFast puts the brakes on manufacturing some cars in IndiaVinFast has temporarily halted development and local manufacturing plans for three electric vehicles in India, asking suppliers to stop wor...
- Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- TCS-Porsche deal: Why Morgan Stanley, Citi, other brokerages still see up to 20% downside potentialTCS shares rose after the IT major signed a five-year €1.25 billion deal with Porsche AG and agreed to acquire its IT arm, MHP, for €320 mi...
- Mid-size SUVs gain share in India as car buyers move to bigger vehiclesThe rise of mid-size SUVs is revolutionizing the passenger vehicle landscape in India, with buyers now placing a higher value on ample spac...
- Volkswagen Cars eyes mass growth in India with compact SUVVolkswagen plans to enter India’s sub-four-metre SUV segment next year with a compact SUV, aiming to expand beyond its limited portfolio an...
- Volkswagen willing to cede majority control in India unit to local partner: Skoda Auto CEO Klaus ZellmerVolkswagen Group is open to ceding majority control in its Indian operations to a local partner as Skoda Auto moves closer to signing an Mo...
- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- Volkswagen plans US reboot with pickup, new leadership: ReportVolkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...
- Audi India plans six new car launches in 18 months to revive sales, double luxury market shareAudi India is gearing up for a major rollout, unveiling six new models within the next eighteen months. Targeting a twofold increase in lux...
- JSW, Volkswagen plan new set of wheels to drive tie-upJSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...
- Bosch Home to start AC exports from India in two years: CEO & President Jan BrockmannBosch Home Comfort Group will begin India exports within two years, aiming for global manufacturing. The company is investing eighty millio...
- European shares gain as SAP lifts tech stocks; Middle East on watchEuropean shares saw a rise on Friday, recovering from previous losses. Investors reacted positively to select corporate earnings reports an...
- Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
- 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 rescue plan 'short on specifics' after tense stakeholder talksVolkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...
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