Porsche experiences a recovery in earnings as restructuring starts to produce outcomes
Sports car maker Porsche announced an improvement in its earnings for the initial nine months of the year. An early...
VW
Porsche prepares for a period of lower sales while betting on luxury
Porsche is reforming its operations in preparation for decreased sales volumes, the sports car maker revealed on Wednesday. Wagering that an increased emphasis on premium models will aid in recovering profit margins even with weak demand.The car manufacturer, similar to its parent Volkswagen, is implementing a significant restructuring to tackle slow sales and elevated expenses. Detailing a recovery strategy aimed at reducing its break-even threshold to under 200,000 units, substantially lower than last...
Volkswagen is targeting SEAT as it prepares for restructuring and expedites cost reductions through 2029
Within the Volkswagen Group, the days of the Spanish brand SEAT may be coming to an end. This Thursday's unanimous...
Volkswagen has announced changes to its Puebla plant’s production
In response to a "challenging environment" for the automobile sector in North America and around the world. Automaker Volkswagen said...
Volkswagen Regains Top Spot in China Sales
In the first two months of 2026, Volkswagen (VW) reclaimed the top spot in automobile sales in China. The biggest...
For the $9.4 billion Everllence diesel engine division, VW has received initial offers
VW has received offers valuing its Everllence diesel engine division at around $9.4 billion, including debt, according to three people...
Volkswagen is considering shifting Golf production elsewhere, and Mexico is in the limelight
According to plans now being reviewed at Volkswagen's headquarters, the German carmaker is considering relocating Golf production abroad, with Mexico...
Volkswagen consents to reimburse 10,000 consumers $23 million for the «Dieselgate» scandal
According to a report released on Wednesday by the consumer advocacy group VKI, the German carmaker Volkswagen has decided to...
Trial for former VW CEO begins nine years after Dieselgate
Nine years after it was discovered that the German carmaker had faked emissions testing, former VW CEO Martin Winterkorn made...
No intentions to develop cars with VW, according to Rivian
Following a media story claiming that the American electric car manufacturer was in early negotiations with the German automaker to...
