The modern motorcar depends on a complex network of thousands of electronic components, but the current disruption to just one key element—a microchip—threatens to stall production lines across Europe. Volkswagen,
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Volkswagen’s chief executive, Oliver Blume, addressed industry leaders at the International Motor Show IAA in Munich, standing beside the firm’s forthcoming Polo ID electric car. The German automotive giant is
Porsche has announced it will abandon its ambition to produce its own electric vehicle batteries, citing a sudden fall in demand among drivers. The German marque is set to wind
Volkswagen has reported a staggering 40 per cent drop in profits for the first quarter of the year, significantly missing market expectations. The decline follows the decision to set aside
Volkswagen has announced plans to introduce an import fee on vehicles shipped to the United States. This decision comes as a direct response to President Trump’s 25 per cent tariffs
Volkswagen AG, Europe’s largest automaker, has found itself in a precarious position following a 64 per cent decrease in quarterly net profit, primarily due to a significant downturn in sales
In a significant shift from its 87-year history, Volkswagen is contemplating the closure of factories in Germany and potential job cuts as it faces a challenging economic environment. This consideration
