VW

Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker’s cost-cutting deal with unions and likely headwinds in 2025. Friday’s agreement, hailed by unions as a “Christmas miracle”, calls...

Volkswagen on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and sharp capacity reductions in a last-gasp deal between Europe’s top carmaker and unions to avert mass strikes. Union...

German automaker Volkswagen and US electric vehicle manufacturer Rivian aim to begin selling cars equipped with the technology developed from their joint venture by 2026, the companies said Tuesday. The collaboration, focusing on automotive software and...

A British regulator has fined Volkswagen’s UK financial services unit 5.4 million pounds ($7 million) for unfairly treating financially-stretched customers between 2017 and 2023. Volkswagen Financial Services (UK) Limited, which has agreed to pay over 21.5...

Volkswagen is considering closing factories in Germany for the first time, in a move that shows the mounting price pressure Europe’s top carmaker faces from Asian rivals. Monday’s move marks the first major clash between Chief...

Volkswagen shares fell 2% on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. electric-vehicle maker Rivian aimed at beefing up the biggest European automaker’s position in EVs. Rivian investors...

Volkswagen is working to cut costs and sticking with its electric vehicle prices despite reductions at some rivals, as the German automaker aims to rebuild margins after quarterly profits were hit by bad bets on raw...

Volkswagen on Friday said it has recommended to its brands to pause paid advertising on Twitter until further notice in the wake of Elon Musk’s takeover of the social media platform. “We are closely monitoring the...

The union at Volkswagen’s main Mexico factory will hold a new vote on Aug. 31 to ask workers if they approve a recently negotiated deal with management for 9% raises, the group said on Wednesday. The...

The head of Volkswagen’s works council wants the carmaker to bring forward production of electric vehicles at its main plant in Wolfsburg to 2024 make it more competitive, a newspaper reported on Saturday. The Braunschweiger Zeitung...