CEO of Volkswagen AG Oliver Blume speaks at the Volkswagen Group's annual press conference in Autostadt. Julian Stratenschulte/dpa Profit at Germany's Volkswagen Group almost halved last year as costs ...
By Rachel More WOLFSBURG, Germany, March 10 (Reuters) - Volkswagen is in for another tough year dominated by tariffs and the battle to win back China, after Europe's largest carmaker reported a slump ...
Volkswagen reported a more than 50% drop in annual operating profit, citing the impact of U.S. tariffs, currency effects and a strategic shift at Porsche.
Volkswagen said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016. "In total, around 50,000 jobs ...
WOLFSBURG, March 10 (Reuters) - Conflict in the Middle East is not impacting Volkswagen's supply ‌chain but could hit demand for its premium marques Audi and Porsche (P911_p.DE), opens new tab, group ...
CAR giant Volkswagen has announced plans to cut 50,000 jobs by the end of the decade – increasing the scale of previously announced cuts. The German company, a top-seller in the UK and the ...
The Taycan's future is certainly limited, but its concept isn't going anywhere.
The Volkswagen group had a bruising year in profits and plans to cut 50,000 jobs in Germany by 2030 — a dramatic escalation of its cost-cutting programme after net profit slumped 44% to €6.9bn in 2025 ...
When it looked like the whole world would be enthusiastically driving all-electric vehicles by the end of the decade, it made sense for Porsche to introduce the Taycan EV as a complement to its ...
While most of us were taking the day off to recharge for the new week, Porsche engineers spent Sunday working, and the ...
The Volkswagen Group earned significantly less in 2025. Profit after tax slumped by around 44 percent - burdened by US tariffs, problems at Porsche and weaker sales in key markets, among other things.