Volkswagen
Volkswagen’s Sander: Europe Will Wake Up to EVs Soon, and It Won’t Be Because of Rules
June 4, 2026 – Volkswagen board member Martin Sander, who oversees sales, marketing, and after-sales operations, has made a bold claim: electric vehicles will soon be seen as the obvious choice — not because of regulations, but because consumers will simply realize they’re better. Drawing a comparison between the shift from horse-drawn travel to the…
Volkswagen CFO: EVs Still Less Profitable Than ICE Vehicles
May 8, 2026 – Volkswagen Group’s Chief Financial Officer (CFO), Arno Antlitz, recently revealed during an earnings call that the profit margins of electric vehicles (EVs) still lag significantly behind those of internal combustion engine (ICE) vehicles. He emphasized that true profitability parity between EVs and ICE vehicles may only be achieved once the next-generation…
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…
Volkswagen Abandons New Small Fuel Cars: High Cost, No Future Significance
December 19, 2025 – Volkswagen has firmly set its course for the next generation of entry – level vehicles, making a decisive move towards an all – electric future. The German automaker has announced that it will no longer introduce new small – sized internal combustion engine cars and will focus solely on pure electric…
Volkswagen’s MAN to Reduce Workforce by 2,300 in Germany Amid Cost Pressures
November 29, 2025 – On November 27 local time, MAN, a commercial vehicle manufacturing subsidiary under Germany’s Volkswagen Group, announced that amid the ongoing struggles in the German automotive sector, it would cut 2,300 jobs in Germany to reduce operational costs. MAN, which mainly produces trucks, buses, and diesel engines, stated that it is under…
Volkswagen Embraces EV Revolution: All Future Electric Cars to Be Built on Rivian R2 Tech
June 7, 2025 – A significant milestone has been reached in the ongoing $5 billion software partnership between Rivian and the Volkswagen Group, as revealed by motor1 today. The platform technology set to be utilized in Rivian’s next-generation SUV is poised to become the digital backbone for all future electric vehicles (EVs) across Volkswagen’s brand…
Volkswagen’s EV Lineup to Remain Unchanged in 2025, ID.2 Arrives in 2026
January 22, 2025 – According to a report published today by carscoops, Volkswagen’s electric vehicle lineup will not see any new additions this year, further compounding the German automotive giant’s struggles. The report indicates that Volkswagen will not be introducing any new electric car models in 2024 or 2025. The latest electric model, the ID.7…
Volkswagen CEO Faces Heckling During Tense Negotiations with Workers
December 5, 2024 – Tensions ran high at a recent employee gathering held by German automaker Volkswagen on December 4th, as reported by Reuters. The meeting witnessed a clash between Chief Executive Officer Oliver Blume and labor leaders. Addressing the gathering, Blume emphasized that the management is not living in a fantasy world and must…
Volkswagen Faces Strike Action in Germany as Workers Reject 10% Pay Cut
December 2, 2024 – According to a report by the Wall Street Journal on November 30th, Volkswagen has recently rejected a cost-saving proposal put forward by the labor union, insisting on a 10% pay cut for its employees. The labor union had suggested that Volkswagen could adopt cost-saving measures to maintain its operations. However, an…
Volkswagen Seeks 10% Pay Cut from German Workers as Q3 Profit Drops 42%
November 01, 2024 – According to Reuters, Volkswagen has requested a 10% pay cut from its German employees on Wednesday, citing it as the only way to save jobs and maintain competitiveness amid falling profits and threats of strikes from the labor union. The company, which is facing a three-year low in profits, has not…
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