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CEO says VW cost cutting necessary
VW cost cutting necessary after 'decades of structural problems', CEO tells paper
"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at
VW
," Blume told Sunday paper Bild am Sonntag. The head of Volkswagen's works council said last Monday that the carmaker plans to shut at ...
CEO says VW cost cutting necessary after ‘structural problems,’ Reuters reports
Volkswagen’s (VWAGY) planned cost-cutting program was unavoidable in order to remedy “decades of structural problems” at the
Volkswagen CEO Tells Publication Cost Cutting Necessary Amid "Structural Problems"
German carmaker Volkswagen, through its CEO Oliver Blume, revealed that the planned cost-cutting program the company announced was unavoidable to fix "decades of structural problems." Blume, in an interview with the publication Bild am Sonntag,
1d
VW resurrects the Scout name with this new truck and SUV—and here’s the big surprise
Remember the commercial truck maker called International Harvester that made rugged SUVs and trucks with the Scout name back ...
6d
VW demands 10% wage cuts to save jobs as profits plunge
Volkswagen on Wednesday reported a 42% drop in third-quarter profit to its lowest level in three years. "This highlights the ...
8d
VW Seeks Unprecedented Plant Closings as Auto Crisis Deepens
Volkswagen AG plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of ...
Gadget on MSN
9h
VW goes farming with e-tractors in Africa
The GenFarm Project is an ecosystem of mobility solutions and e-powered mechanised farming services for rural areas.
8d
The New Scout: VW, Lawsuits, and My Commentary
"VW AG's decision to attempt to sell Scout vehicles direct to consumers and compete with its U.S. dealer partners is ...
ConsumerAffairs
8d
Car dealers will challenge VW's attempt to sell Scouts directly to consumers
Volkswagen's Scout brand hasn't even launched and already it's in trouble. VW has said it wants to sell its new line of ...
6d
on MSN
Scout Motors EVs will use Rivian-VW software and architecture
VW's new offshoot EV company Scout Motors, which revealed its first two vehicles last week, will use the software and zonal ...
Hosted on MSN
6d
VW and workers face off in second round of talks over pay and plants
WOLFSBURG, Germany (Reuters) - Volkswagen and its powerful unions will lock horns on Wednesday for a second time over ...
3d
on MSN
All Your Burning VW ID.Buzz Questions Answered
All VW ID. Buzz trims can charge at up to 200 kWh. That’s enough to allow the van to go from 10 percent to 80 percent in 26 ...
Motor Authority
1d
Review: 2025 VW ID.Buzz cues nostalgia in a leading-edge EV
Look beyond the retro face and the ID.Buzz does something no automaker has done yet in America: make minivans electric.
8d
VW will drei deutsche Werke schließen: Betriebsrat
Im Rahmen seiner Kostensenkungspläne plant Volkswagen nach Angaben des Betriebsrats die Schließung von mindestens drei Werken ...
1d
on MSN
Waymo Is Now Worth $45 Billion, More Than Ford And Almost As Much As VW
Last week Waymo announced it had raised $5.6 billion in new capital at an undisclosed value. The financing round was led by ...
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China
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Volkswagen
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