6+ hour, 52+ min ago  (162+ words) The Wolfsburg, Germany-based company faces pressure to cut costs at home and increasingly intense competition in the lucrative Chinese market, in particular. Last week, Volkswagen said its "fundamental realignment" over the past three years had reached its next phase, announcing…...

27+ min ago  (489+ words) Following a supervisory board meeting at Volkswagen, it has been reported that the company will reduce its lineup by up to half, as it shifts focus to “attractive market segments.” The German automaker will also reduce its annual production capacity…...

1+ hour, 46+ min ago  (835+ words) Volkswagen investors looking for reassurance after Thursday’s inconclusive board meeting may find some comfort in one fact. Even mighty Toyota is unlikely to emerge unscathed from China’s assault on the global auto industry. Volkswagen’s meeting on Thursday was called to…...

2+ hour ago  (363+ words) The bold rescue plan announced by Europe’s biggest carmaker is too little, too late Volkswagen (VW), Europe’s biggest auto-maker, and once the proud symbol of Germany’s industrial strength, is finally taking the bold action needed to try and save the…...

3+ hour, 12+ min ago  (843+ words) The Volkswagen Group delivered 438,500 battery-electric vehicles (BEVs) across its brands during the first half of the year, representing a 5.8% year-over-year decline. While the automaker continued to lead Europe’s EV market, steep drops in the United States and China weighed heavily…...

7+ hour, 55+ min ago  (559+ words) At Volkswagen, Mercedes-Benz, BMW and Porsche, China sales for the April-June quarter plummeted between 30 percent and 41 percent compared with the same period a year ago, according to company data released over the past week. For the first half of this…...

4+ hour, 46+ min ago  (659+ words) Despite a year of job hunting, experience with leading automotive suppliers and submitting about 50 applications, German software engineer Max Peil has yet to secure a new position. Trained in computer vision, a critical part of autonomous and intelligent driving systems,…...

4+ hour, 39+ min ago  (165+ words) The Wolfsburg, Germany-based company faces pressure to cut costs at home and increasingly intense competition in the lucrative Chinese market, in particular. Last week, Volkswagen said its "fundamental realignment" over the past three years had reached its next phase, announcing…...

32+ min ago  (29+ words) Volkswagen reveals huge restructuring plan in response to market pressures Machinery Market Be seen in all the right places! Volkswagen reveals huge restructuring plan in response to market pressures...

5+ hour, 15+ min ago  (197+ words) Volkswagen CEO Oliver Blume indicated on Sunday that he's trying to avoid closing plants at the German storied automaker, and would still look to turn around its performance after years of struggling with higher competition and domestic pressures. The Wolfsburg-based…...