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VW hatchbacks, SUVs, ID. EVs, and MQB/MEB platforms.
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UK exclusion from EU 'Made in Europe' plan risks British auto trade, lobby says
2+ hour, 22+ min ago (241+ words) Sept 22 (Reuters) - Britain's exclusion from the European Union's proposed "Made in Europe" provisions puts the British automotive industry at a competitive disadvantage and threatens its contribution to the EU's economy, a trade group said on Tuesday. The current draft would…...
Tens of thousands of German auto workers protest to save jobs
1+ hour, 11+ min ago (299+ words) FRANKFURT: German automotive workers held nationwide protests on Monday, calling for government and management action to protect jobs and factories as the car industry hits crisis point. Growing Chinese competition, compounded by weak domestic demand and US tariffs, has thrown…...
Analysis-Porsche's decline from crown jewel to millstone for parent Volkswagen
9+ hour, 18+ min ago (719+ words) BERLIN/FRANKFURT, Sept 21 (Reuters) - Long Volkswagen's most reliable profit driver, luxury sports car maker Porsche has become its biggest problem, creating a road bump for CEO Oliver Blume's restructuring plans at Europe's biggest carmaker. Less than four years after its…...
Volkswagen Faces Fresh Challenges as Porsche Stumbles
3+ hour, 30+ min ago (342+ words) Sharecafe Volkswagen Faces Fresh Challenges as Porsche Stumbles Volkswagen, Europe’s largest carmaker, recently issued a profit warning, announcing a substantial €6 billion ($6.9 billion) writedown on its 75% stake in luxury sports car maker Porsche. Porsche, a manufacturer of high-performance sports cars and…...
Skoda-VW India Begins A Third Shift At Its Facility In Pune
4+ hour, 55+ min ago (275+ words) Skoda-VW has commenced a third shift at its manufacturing plant in Chakan, Pune due to the growing demand for all its products. These include the recent launches of the Skoda Kushaq and Volkswagen Taigun along with the Slavia and its…...
UK exclusion from EU 'Made in Europe' plan risks British auto trade, lobby says - AOL
2+ hour, 22+ min ago (241+ words) Sept 22 (Reuters) - Britain's exclusion from the European Union's proposed "Made in Europe" provisions puts the British automotive industry at a competitive disadvantage and threatens its contribution to the EU's economy, a trade group said on Tuesday. The current draft would…...
China's GAC looks to add car production capacity in Europe - Euronext Markets: Real-time Stock Market Data | live
4+ hour, 12+ min ago (258+ words) PARIS, Sept 21 (Reuters) - Guangzhou Automobile Group aims to add production capacity in Europe to bolster its planned large-scale roll-out of cars in major markets like France, GAC France's deputy chief executive, Cedric Lacour, said on Monday. The Chinese auto maker's…...
The European Union’s automotive sector needs a plan, not undue protection
3+ hour, 40+ min ago (1141+ words) Reading time: 30 minutes The authors thank Marie Jugé and Ugnė Keliauskaitė for excellent research assistance. This Policy Brief has been supported by the European Climate Foundation. Responsibility for the information and views set out in this Policy Brief lies with…...
Nationwide demonstrations: German auto workers stage mass protests in bid to save jobs
3+ hour, 26+ min ago (502+ words) German automotive workers held nationwide protests on Monday calling for government and management action to protect jobs and factories in an industry facing severe headwinds. Growing Chinese competition, compounded by weak domestic demand and US tariffs, have hit the German…...
Porsche???s Decline: From Volkswagen???s Crown Jewel to Growing Burden
7+ hour, 12+ min ago (148+ words) Porsche’s Decline: From Volkswagen’s Crown Jewel to Growing Burden Modern Diplomacy Porsche’s Decline: From Volkswagen’s Crown Jewel to Growing Burden Volkswagen's luxury brand Porsche has become a significant issue for CEO Oliver Blume's restructuring plans at the company. Volkswagen’s luxury…...