By Divya Chowdhury and Victoria Waldersee DAVOS, Switzerland (Reuters) -Volkswagen needs to increase investments in the U.S. to hit its market share targets, and cut costs in Europe to achieve profitable growth,
For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers, according to details disclosed by company sources.
VW's new €25,000 EV - the ID 2 - will arrive here by the end of the year and will be followed by an even cheaper model.
The Volkswagen Group has raised alarms over U.S. President Donald Trump’s proposed tariffs on Mexican imports.
Goodwood Revival will be opened by a collection of Volkswagen Type 2 Split Screens, coinciding with the model's 75th anniversary
I'm not sure if this is a phenomenon, or this is something only I'm feeling or it's just impact of age slowing me down; but this is something I'm
CFO Arno Antlitz, speaking to investors in New York on Tuesday, said that the cost-cutting deal struck with unions last December tackled the carmaker's problems of high labour costs and capacity underutilisation.
Volkswagen is discontinuing manual transmissions for the GTI and Golf R, despite a notable spike in demand from U.S. enthusiasts.
The family is suing the automaker because they told police the free GPS trial had expired and that $150 was needed to help locate the car.
During testing at Porsche's Nardo facility, Volkswagen was able to achieve an astonishing range figure with its ID.7 Pro S. The electric sedan, equipped with VW's 86-kilowatt-hour battery pack, drove 585 miles on a single charge,
Volkswagen has told investors that its target of a 6% margin on the VW passenger car brand is now more realistic in the “medium term”, according to a note by Bernstein Research, after the German carmaker previously aimed to hit a 6.
By Divya Chowdhury and Victoria Waldersee DAVOS, Switzerland (Reuters) -Volkswagen will need to make additional investments in the United States to hit its target of doubling market share there, its CFO Arno Antlitz said on the sidelines of the World Economic Forum annual meeting in Davos on Thursday.