Volkswagen to invest $193 bn over 5 years to help meet EV targetOver two-thirds of the five-year investment budget is allocated towards electrification and digitalisation, up from 56% in the previous fiv...
Mahindra revs up on comeback trail: Factors behind the turnaroundBased on learnings and feedback from past slip-ups, Veejay Ram Nakra, president of automotive business at M&M, says the new range of produc...
Mahindra & Mahindra and VW Group in exploratory talks for EVs for India and global marketThis would accelerate the company's ambition to reach to sell two lakh electric vehicles by 2027 that could potentially generate revenue of...
Mahindra to partner Volkswagen for electric vehiclesThe two companies signed an agreement on Wednesday evening to explore the feasibility of such a collaboration. They are expected to hammer ...
Volkswagen, Ford deepen electric vehicle cooperationVolkswagen on Monday said it has deepened its e-mobility partnership with Ford under which the U.S. carmaker will produce a second electric...
Volkswagen considering cutting up to 30,000 jobs: Handelsblatt"There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants," VW spokesperso...
Pressure on Pakistan builds up as Taliban advance in AfghanistanFor decades, Pakistan has served as a sanctuary for the Afghan Taliban. Officials have acknowledged that Taliban fighters maintain homes an...
Volkswagen's CEO Herbert Diess to step aside at Skoda, SeatAt Seat, Diess would be succeeded by current technology head Thomas Schmall and at Skoda by Murat Aksel, head of procurement on the Volkswa...
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 could build battery cell plants in Spain, Poland"It depends on where we get the best set-up in the region," Schmall told Volkswagen's Power Day.
Volkswagen faces leadership crisis as CEO Herbert Diess demands vote of confidenceThe multi-brand car and truck maker is convening its Executive Committee to discuss Herbert Diess's demand for the contract extension, more...