Volkswagen’s “Cost – Efficiency Drive” Shows Initial Signs: 30% Cost Cut at Three German Plants

December 20, 2025 – Volkswagen’s cost – cutting initiatives are making notable headway, as reported by Reuters. On Thursday local time, Thomas Schäfer, the CEO of the Volkswagen brand, announced that a series of measures, including workforce adjustments and cost control at German factories, have started to yield results. For instance, the costs at three…

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Bloomberg Survey: Nearly Half of China’s First – Time Car Buyers Eye Electric Vehicles

December 10, 2025 – A recent survey by Bloomberg Intelligence reveals a growing preference among first – time car buyers in China for electric vehicles (EVs) over other powertrain options. The key factors driving this trend are affordability, a wide range of available models, and a significant improvement in charging convenience. The survey, carried out…

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