Fri, 08 Nov 2024 01:42:46 GMT (1731030166693)
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5 years ago
German automaker Audi to cut 9,500 jobs by 2025BERLIN (AP) — Volkswagen subsidiary Audi says it's cutting 9,500 jobs in Germany through 2025 as part of a transformation plan to make the company "lean and sustainable. "The Ingolstadt-based automaker said Tuesday that at the same time, it expects...
5 years ago
Volkswagen expanding electric vehicle production in USCHATTANOOGA, Tenn. (AP) — Volkswagen is making Tennessee its North American base for electric vehicle production, breaking ground on an $800 million (727 million euro) expansion at its plant in Chattanooga. Volkswagen of America CEO Scott Keogh was at the...
5 years ago
Volkswagen warns of slowing global auto marketsFRANKFURT, Germany (AP) — Volkswagen says its profits jumped 44% in the third quarter thanks to a more profitable mix of vehicles but warned that global markets are slowing more than expected and lowered its forecast for annual sales. After-tax...
5 years ago
German court opens hearings on consumer suit against VWA German court opened proceedings Monday in a landmark case in which some 470,000 consumers aim to establish a right to compensation from automaker Volkswagen for cars affected by the company's diesel emissions scandal. The case, brought by the Federation...
5 years ago
Volkswagen hires Cadillac boss to help oversee US operationsVolkswagen has hired an executive who once ran Cadillac and Infiniti to help oversee its North American operations. The German carmaker said Thursday that Johan de Nysschen will become chief operating officer of Volkswagen's North American region. Scott Keogh, CEO...
5 years ago
Climate change, trade woes reshape Frankfurt auto showThe headwinds buffeting the auto industry are making themselves felt at the Frankfurt Motor Show, with companies confronting a slowdown in sales due to global trade uncertainty and pressure from governments to lower emissions of air pollutants and greenhouse gases...
5 years ago
Volkswagen bets big on electric. Will consumers buy in?Volkswagen is rolling out what it bills as the breakthrough electric car for the masses, the leading edge of a wave of new battery-powered vehicles about to hit the European auto market. The cars are the result of massive investments...
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