"The VW brand has been market leader in Europe every year since 2005 ... its cars are competitive. The problem is not the product, but the costs," he told Reuters. Germany, where Volkswagen ...
VW’s R&D boss confirmed that the Polo will receive a major update next year. The ICE-powered hatchback will comply with the stricter emission regulations. Still, VW will slim-down its European ...
As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher ...
And that commitment starts with VW’s most affordable EV model to date, the ID.2. Volkswagen remains committed to launching the EV by the end of 2025 or early 2026, Kai Grünitz, head of tech ...
The announcement signals a significant shift for VW, a brand that has maintained a strong presence in Germany since its founding. Daniela Cavallo, head of VW’s works council, didn’t provide ...
Volkswagen faces pressure to reduce labor costs in Germany as they exceed those of rivals like BMW and Mercedes-Benz. While unions demand a 7% pay rise, the company, grappling with high production ...
The Golf and Polo maker is one of Germany's biggest employers with about 300,000 workers. VW said in a statement that the company was at a "decisive point in its corporate history," and the task ...
Based in Wolfsburg in northern Germany, the company was founded in 1937 and created the iconic Beetle and the VW Bus and got people moving around the world. Today, the company is more than just ...