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Volkswagen AG

Volkswagen shares slip as it considers Brussels plant closure

by Horatio Thompson
Volkswagen shares slip as it considers Brussels plant closure

A Volkswagen logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024.  David Dee Delgado | Reuters Volkswagen shares …

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Audi, Inter Miami CF strike multiyear partnership

by Horatio Thompson
Audi, Inter Miami CF strike multiyear partnership

Volkswagen-owned Audi has struck a multiyear partnership with Inter Miami CF as the team’s official automotive partner. Courtesy: Audi Audi is driving up its sports investments and becoming the official …

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Foreign carmakers in China face ‘increasingly precarious’ situation

by Horatio Thompson
Foreign carmakers in China face ‘increasingly precarious’ situation

Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING — New tariffs on Chinese …

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Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

by Walter Watson
Porsche shares fall as automaker cuts 2024 outlook on aluminium alloy shortage

The Porsche logo, the German automobile manufacturer specialising in high-performance luxury sports cars, SUVs, and sedans, headquartered in Stuttgart and part of the Volkswagen group, captured in their Porsche Zentrum …

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Tesla and other EV makers like Volvo are betting big on gigacasting

by Horatio Thompson
Tesla and other EV makers like Volvo are betting big on gigacasting

In the race to make EVs cheaper and more profitable, companies are pulling just about every lever they can. But while improving battery technology often hogs the spotlight, automakers are …

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Rivian investment a ‘catch-up move’ for Volkswagen: GlobalData

by Horatio Thompson
Rivian investment a ‘catch-up move’ for Volkswagen: GlobalData

Rivian electric vehicles sit in a lot at a Rivian facility in February 22, 2024 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Volkswagen’s $5 billion …

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Volkswagen takes $1 billion stake in EV maker

by Horatio Thompson
Volkswagen takes  billion stake in EV maker

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters Volkswagen is taking a $1 billion …

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VW 2025 Jetta updated to boost sales

by Anas Siddiqui
VW 2025 Jetta updated to boost sales

Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns. The entry-level version of the Jetta with an automatic transmission will start at …

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Chinese official slams EU probe into EV subsidies as ‘selective’

by Walter Watson
Chinese official slams EU probe into EV subsidies as ‘selective’

Employees assemble new energy vehicles at an intelligent factory of electric vehicle company Leapmotor on April 8, 2024 in Jinhua, Zhejiang Province of China.  Vcg | Visual China Group | …

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Costs at the owner of Fiat, Jeep and Ram are close to the bones as Stellantis’ sales drop

by Anas Siddiqui
Costs at the owner of Fiat, Jeep and Ram are close to the bones as Stellantis’ sales drop

Stellantis’ push for deep cost cuts is coming up against limits just as auto markets slow and returns flag. The maker of Ram pickups and Jeep SUVs will look to …

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