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VOLKSWAGEN TRANSFORMATION PLAN
What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...- ET Prime Special Series: Multibagger or Bankrupt - Part 65: This auto ancillary is making new moves. Separate signal from noiseThis supplier is one of those businesses that grows quietly until it suddenly makes several big decisions at once. In a short span it has s...
- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- Which Volkswagen factories in Germany could be hit by layoffs or closed?Volkswagen plans to end its job security programme, in place since 1994, due to competition from Asian rivals. This move could impact sever...
- Volkswagen to launch imported electric SUV ID.4 in India to test market readinessVolkswagen plans to launch the all-electric ID.4 SUV in India to test consumer readiness. The company aims to bring cars from its global po...
- Volkswagen sets 5-7% revenue growth target, preaches cost disciplineThe German carmaker has set "performance programmes" for each brand, allocating them capital and setting a specific return on sales target,...
- Volkswagen to speed up electric vehicle transition, says new CEO Oliver BlumeAt a gathering of global top managers in Lisbon, new Chief Executive Oliver Blume said he had developed a ten-point plan focusing on topics...
- Skoda Auto Volkswagen studying small car EV for India, considering an EV factory post 2025The company expects the semi-conductor supplies to improve from the second half of 2022. Speaking to the media post 2021 earnings call, Sch...
- Volkswagen, top shareholder strike framework deal for Porsche IPOIn case of an initial public offering, the share capital of Porsche AG would be equally split into preferred and ordinary shares and up to ...
- Volkswagen cranks up electric car investmentFrankfurt, Dec 9, 2021 - German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles and digita...
- With the launch of new SUVs, Volkswagen looks to post 58% in 2021With full-year sales of the Taigun and Tiguan coming in next year, coupled with the launch of a new sedan based on the same platform as the...
- Volkswagen to buy credits from Tesla in China to comply with environmental rules, say sourcesThe deal, the first of its kind to be reported between the two companies in China, highlights the scale of the task Volkswagen faces in tra...
- Volkswagen looks to electric vehicles, cost cuts for profit recoveryVolkswagen aims to more than double deliveries of electric vehicles to 1 million this year, it said, adding it would also apply a standardi...
- Volkswagen targets profit recovery as speeds transformationThe comments come a day after Volkswagen unveiled plans to build half a dozen battery cell plants in Europe and expand infrastructure for c...
- Volkswagen takes aim at Tesla with own European gigafactoriesThe world's No. 2 carmaker, which is in the midst of a major shift towards battery-powered cars, said on Monday it wants to have six batter...
- Volkswagen to soon launch ID.4 electric SUV, India entry not on the cardsThe Indian market is not yet ready for VW to sell its electric vehicles (EV) as the country lacks key infrastructure and EVs remain too exp...
- VW is said to have approached self-driving startup AuroraThe German carmaker has been scouring Silicon Valley for targets or partnerships that can help it develop self-driving cars and other mobil...
- Volkswagen to invest over 1 billion euros in India, Skoda to lead the chargeThe funds will go into setting up a new manufacturing line and a product development centre. The expansion is expected to generate 4,000-5,...
- Volkswagen Group to expand production of EVs worldwide on a massive scaleThe contracts already awarded have a total volume of around EUR 20 billion. A supplier decision for North America will be taken shortly, th...
- Indian consumer is extremely value conscious: Lutz Kothe, Volkswagen Passenger CarsThe digital and the social media are extremely important tools for Volkswagen not only in the global marketing sphere but in India as well.
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