Strategic readjustment at Porsche, as well as dwindling sales in both main export markets, the US and China took a big bite out of VW's 2025 profits — which almost halved.
Volkswagen said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016.
For Volkswagen, hostilities in the Middle East add to a landscape already crowded with geopolitical risks. There was “the U.S., then China, and now comes the Middle East,” Chief Executive Oliver Blume ...
The Cayenne S also has the best range in the lineup, good for 405 miles on the combined WLTP cycle – six more than the base Cayenne and 22 more than the Cayenne Turbo. While the 113kW battery that can ...
Volkswagen said it expects profitability to improve this year as the German automaker continues efforts to reduce costs in a challenging operating environment. Th ...