Volkswagen

Volkswagen Golf GTI to rev up India's hot hatch scene in August 2025

Volkswagen will bring the Golf GTI under the government's homologation-free import scheme which allows imports of 2,500 units without meeting local testing norms

Volkswagen, labour unions continue talks over plant closures and pay cuts

Talks have been ongoing since Monday in hopes of reaching an agreement before Christmas to prevent massive strikes

VW, unions resume last-ditch round of talks for the year on cost cuts

Talks ended after around 13 hours of negotiation in the early hours on Tuesday without a deal but would resume mid-morning, a spokesperson for IG Metall union said

VW workers step up strikes in order to fight German plant closures

The IG Metall union said workers would down tools for four hours at nine different sites in so-called "warning" strikes across the country

Workers of nine Volkswagen plants to strike as labour battle escalates

Labour union last week proposed measures it said would save 1.5 billion euros ($1.6 billion), including forgoing bonuses for 2025 and 2026, which Europe's top carmaker dismissed

Volkswagen workers to go on warning strikes at plants across Germany

"If necessary, this will be the toughest collective bargaining battle Volkswagen has ever seen," IG Metall negotiator Thorsten Groeger said in a statement

Amid human rights concerns, Volkswagen to exit China's Xinjiang plant

Amid allegations of Uyghur rights abuses, Volkswagen and SAIC will sell their Xinjiang plant and testing tracks in Turpan and Shanghai's Anting to SMVIC

VW workers' union propose $1.6 billion of cuts, but no plant closures

The IG Metall union, arguing the company was trying to push through more than 17 billion euros in cuts, said its offer was also contingent on stakeholders

In high-wage Germany, Volkswagen's labour costs outstrip the competition

Management will start the next round of negotiations with unions representing roughly 120,000 German workers on Thursday. Unions are demanding a 7 per cent pay rise

Volkswagen raises its investment in Rivian by 16% to $5.8 billion

Shares in the US EV maker, valued at over $11 billion, rose nearly 9 per cent in extended trading

Volkswagen labour chief sounds alarm on mass layoffs, plant closures

Europe's biggest carmaker has been negotiating for weeks with unions over its plans to revamp its business and lower costs, including considering plant closures in Germany for the first time

Germany must forge new policy to save its industry, says Chancellor Scholz

Fears of de-industrialization came into focus last month when carmaker Volkswagen announced it was considering for the first time in its history closing factories in Germany

Volkswagen may book up to $4.4 bn in provisions on capacity cuts: Jefferies

Volkswagen said earlier this month it was considering shutting plants in Germany for the first time in its history

Germany's image as auto superpower hit by Volkswagen's slow decline

Germany is confronting the most symbolic moment yet in its story of industrial decline as its biggest manufacturer is poised to cross the Rubicon of factory closures

Volkswagen goes head-to-head with workforce over proposed cuts by company

Cavallo warned emotions will run high and management will be "very uncomfortable" at the meeting, expected to last several hours

Volkswagen considers closure of historic German plant to cut cost

VW has lost almost a third of its stock market value over the past five years, making it the worst performing stock among the major European carmakers

Volkswagen's passenger car brand struggles to meet cost-cutting target

The brand was 2-3 billion euros short of its savings goal for this year, two sources who declined to be named told Handelsblatt

Volkswagen's battery targets not 'set in stone', battery chief tells FAS

Volkswagen had said in 2021 that it wanted to build up to 240 gigawatt hours of battery capacity by 2030, of which 200 gigawatt hours would be built by its battery subsidiary PowerCo

Volkswagen doubles down on cost cuts to try to revive profit margins

The German group is further reducing production capacity, cutting costs and changing software spending following its investment in electric vehicle maker Rivian

As Volkswagen struggles in China. Can EVs help it grow in US market?

By 2030, Volkswagen plans more than 30 new electric or hybrid models in China and hopes to boost sales to about 4 million, from about 3 million today, lifting its market share to 15 per cent