Up to 4,000 more jobs could be cut at sports carmaker Porsche following the job cuts already announced, the Handelsblatt ...
"As half of our overheads stem from staff costs, a theoretical calculation -- assuming no change in labour costs –- would result in the loss of around 50,000 jobs." ...
Porsche delivered 122,306 cars worldwide in the first half of 2026, a 16 percent drop from the same period last year. China ...
The new report also alleges the core VW brand will be separated from the VW Group.
By Christina Amann and Christoph Steitz BERLIN, June 26 (Reuters) - Volkswagen is considering shutting four German factories ...
Exclusive CEO interview: Adrian Hallmark reveals the product strategy and restructuring plan to get the Brit brand in the ...
The new iX3 SUV EV has to be on the money, not only for the sake of BMW, but also the whole European premium sector under threat from China. Early reports are favorable.
Stay up to date with all the stories, breaking news, and reveals from Goodwood 2026.
On the Path to Becoming the Western Lithium Hub Rock Tech Lithium is pursuing one of the most ambitious strategies in the ...
BERLIN, June 26 (Reuters) - Volkswagen CEO Oliver Blume is aiming to cut up to 100,000 jobs and end production at four German plants in what would be the biggest overhaul in the company's 89-year ...
The car manufacturer Volkswagen is under massive pressure. After a 44 percent drop in profits, the Group is planning to cut around 50,000 jobs in Germany - and is paying out high bonuses at the same ...
The news magazine bases its timeline for potential plant closures on information from supervisory board circles. Until now, internal documents had suggested that Volkswagen would not close production ...