Over 1,000 VW workers sign union cards in Tennessee
The United Auto Workers (UAW) union revealed Thursday that more than 1,000 Volkswagen factory workers at the automaker’s Chattanooga, Tennessee assembly plant have signed union authorization...
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Volkswagen India offers priority check for Michaung flood-damaged vehicles; beefs up staff, spares
Volkswagen India is providing priority comprehensive checks to flood-affected customers in Chennai following cyclone Michaung. The company has issued guidelines across dealerships to ensure...
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Autotrader: 10 of the cheapest new 3-row SUVs for 2024
If you’re looking for an affordable new 3-row SUV, this list includes a hybrid, some rugged options, and some that are just fine around town.
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Skoda Auto expects capacity utilisation at its plants to increase sharply in 2024
Škoda Auto Volkswagen India is set to launch new models and updates to existing ones in 2024, entering the electric vehicle (EV) market. With plans to substantially boost exports of...
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Volkswagen invested billions in EVs following Dieselgate scandal—now, its brand is ‘no longer competitive’
Volkswagen is looking to restructure costs with possible layoffs at the Germany automaker along with measures to improve efficiency and productivity.
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Auto manufacturers announce price hikes for January 2024 amid rising costs
NEW DELHI - Leading car manufacturers Maruti Suzuki (NS:MRTI), Tata Motors (NS:TAMO) (NYSE:TTM), Audi, and Mercedes-Benz (OTC:MBGAF) are set to increase vehicle prices starting January...
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Volkswagen to reduce headcount at 'no longer competitive' VW brand
Volkswagen's 10 billion euro ($10.9 billion) savings programme will include staff reductions, managers told staff on Monday
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Volkswagen is to slash thousands of jobs - cost cutting citing low productivity
Germany’s Volkswagen is to cut thousands of jobs. Via various reports, in brief:Volkswagen responding to high costs and low productivity VW is understood to be drawing up plans for thousands...
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US news - Volkswagen announced an 11% salary hike for production workers
ICYMI - Volkswagen will hike salaries for production workers at its US Tennessee-based Chattanooga assembly plant by 11%. The move comes in the wake of the United Auto Workers union...
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Volkswagen hiking U.S. factory workers' pay by 11% following union pressure
Automakers in the U.S. have come under increased pressure to improve pay and benefits.
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Coming Soon: More Auto Exits From India
Of the 15 car manufacturing companies in India, eight have a market share of below 2 per cent, raising questions about their long-term future in a competitive market that has already seen...
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Volkswagen Taigun, Virtus Sound Edition Launched In India: Check Prices, Variants, Features
Volkswagen Virtus and Taigun are now available in Sound Editions, which bring a new speaker setup, amplifier and more for the sedan and SUV.
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Volkswagen recalls over 23K EVs in US due to flammable interior materials
San Francisco, Nov 19 (IANS) German automaker Volkswagen (ETR:VOWG_p) has recalled 100 per cent of the ID.4 electric vehicles (EVs) in the US due to the flammability of interior materials,...
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Mercedes-Benz, 3 other carmakers to recall over 10K units over faulty parts
Seoul, Nov 15 (IANS) Mercedes-Benz Korea and three other car companies will recall over 10,000 vehicles due to defective components, the Transportation Ministry said on Wednesday. The...
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European stocks higher; economic outlook, monetary policies in spotlight
Investing.com - European stock markets edged higher Monday, helped by the positive close on Wall Street last week but investors continue to fret about the global growth outlook amid...
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Govt identifies high fleet emission levels in major car makers; stiff penalties recommended
The Indian government has identified elevated fleet emission levels in leading car manufacturers, including Hyundai, Kia, Honda Cars, Renault, Skoda Auto, Volkswagen India, and Nissan,...
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Deutsche Bank anticipates rebound in corporate finance deals in 2024
James von Moltke, the CFO of Deutsche Bank (ETR:DBKGn), expressed optimism about Hong Kong's economic recovery and a potential rebound in corporate finance deals during the Global...
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Global EV battery sales up 54% in 1st half of 2023, China's CATL leads
New Delhi, Nov 8 (IANS) The global EV battery sales soared 54 per cent in the first half of this year to reach over 300 gigawatt (GWh), a new report showed on Wednesday. Chinese battery...
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Kelley Blue Book: 15 full-size SUVs with the most cargo space
Here are the top mainstream SUVs, priced below $75,000, from the 2024 model year that offer the most cargo space behind the first row.
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Volkswagen Taigun Trail Edition Launched In India: Top 5 Things About It - Price, Specs, Features, Design
Volkswagen Taigun Trail Edition is finally on sale in the Indian market with no extra premium over the standard trim but gets a host of extra equipment on board.
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VW delays deciding location of next EV battery facility
As demand for electric vehicles continues to wane in Europe, Volkswagen (ETR:VOWG_p) chairman, Oliver Blume revealed Wednesday that the German automaker will hold off on choosing a location...
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Volkswagen Taigun Trail Edition Teased, Launching In India Tomorrow: Design, Specs, Features, Price
Volkswagen will be launching the Taigun Trail Edition in the country tomorrow with a host of cosmetic changes, and here's everything about this special edition of the SUV.
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Tesla, fellow EV makers warn of slack demand: EVs weekly
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: EV makers are hitting pause on EV production; |BP makes a deal; and |Tesla...
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VW to cut 2,000 jobs, delays Porsche Macan EV to 2024
Volkswagen Group's (OTC:VLKAF) (ETR:VOWG_p) CARIAD division is currently experiencing delays in the development of cutting-edge software. This setback has been officially acknowledged by...
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Ford’s UAW Agreement Paves Way For Wage Hikes, Stirs Unionization Efforts
In a development that could have far-reaching implications for the auto industry, Ford (NYSE:F) has reached a tentative agreement with the United Automobile Workers (UAW) that includes a 25%...
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Volkswagen posts Q3 profit despite production drop and cost-saving delay
German automaker Volkswagen (ETR:VOWG_p) has reported a Q3 after-tax profit of 4.35 billion euros, beating FactSet's estimate of 3.85 billion euros and outperforming last year's Q3 result of...
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Morgan Stanley maintains Equal-Weight rating on Volkswagen following 3Q results
Morgan Stanley reiterated an Equal-Weight rating on Volkswagen (ETR:VOWG_p) and maintained their 12-month price target of €130.00 on the stock following the automaker’s 3Q earnings...
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DAX index nudges higher amid strong corporate earnings and positive US PMI data
Wednesday's trading session saw the DAX index rise by 0.54%, closing at 14,880, following a marginal gain of 0.02% on Monday. This upward movement was primarily driven by robust corporate...
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Volkswagen Revises Profit Forecast Following Q3 Production Losses
Volkswagen (ETR:VOWG_p), the German car manufacturer, has adjusted its operating profit forecast for 2023 due to third-quarter production losses caused by flooding in Slovenia and rising...
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EU Car Registrations Rise for 14th Month, Driven by Electric and Hybrid Sales
European Union passenger-car registrations marked their fourteenth consecutive month of growth in September, with a surge of 9.2% to 861,062 units, according to data from the European...
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Tesla pushes U.S. to adopt stricter fuel efficiency rules
Prominent electric vehicle manufacturer, Tesla (NASDAQ:TSLA) on Tuesday, called upon the Biden administration to swiftly solidify more rigorous fuel economy standards through 2032 than those...
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Škoda Auto Volkswagen India to commence exports to Vietnam from 2024, eyes ASEAN region
Škoda Auto Volkswagen India Pvt Ltd has announced plans to begin exporting to Vietnam from 2024, as part of its strategy to enhance export operations in the ASEAN region. The company will...
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