VW brand boss: layoffs, plant closures needed to fix carmaker’s problems By: Reuters | Updated on: 23 Nov 2024, 10:02 AM As stated by CEO Thomas Schaefer, Volkswagen plans to cut 4 billion euros in costs through layoffs and plant closures. Unions are pushing back, threat … As stated by CEO Thomas Schaefer, Volkswagen plans … Read more
Auto recap, Nov 15: BMW M340i launched, Skoda and VW cars recalled and more By: HT Auto Desk | Updated on: 16 Nov 2024, 08:40 AM Here is your quick check on the biggest developments in the world of automobiles. 2025 Kawasaki ZX-4RR is offered only in one colour scheme. The automotive industry functions at … Read more
Skoda and Volkswagen recall Slavia, Taigun, Kushaq and Virtus. Here’s why By: HT Auto Desk | Updated on: 15 Nov 2024, 10:30 AM Skoda and Volkswagen have recalled a total of 52 units that are manufactured between November 29, 2023, and, January 20, 2024. Skoda Slavia, Kushaq, Volkswagen Virtus and Taigun share the same platform. … Read more
China’s CATL to offer off-the-shelf EV platform and battery with 800-km range Zeng told Reuters in an interview that he expects the business of developing and managing “zero carbon” electric grids could be “ten times” larger than supplying electric-vehicle batteries, a market CATL now leads with a 37% global share. CATL, he said, aims to … Read more
Volkswagen Virtus records highest-ever sales in October, 2,351 units sold By: HT Auto Desk | Updated on: 05 Nov 2024, 12:30 PM Priced between ₹13.56 lakh, ex-showroom and ₹19.41 lakh, the Volkswagen Virtus comes with two different powertrain options, one being a 1.0-litre TS … Priced between ₹13.56 lakh, ex-showroom and ₹19.41 lakh, the Volkswagen … Read more
Electric car sales falling world over, leaving carmakers in shock. Here’s why By: HT Auto Desk | Updated on: 03 Nov 2024, 08:51 AM The electric vehicle market is experiencing slowed growth, prompting major global brands to adjust production. Factors such as stiff Chinese competiti … The electric vehicle market is experiencing slowed growth, prompting … Read more
Volkswagen unveils cost-savings plan that may keep German plants open By: Bloomberg | Updated on: 02 Nov 2024, 10:31 AM Amid calls for pay hikes, Volkswagen proposes a 10 per cent wage cut to maintain profitability and avoid factory closures in Germany. Negotiations wil … Amid calls for pay hikes, Volkswagen proposes a 10 per … Read more
Germany urges compromise in EU-China EV row By: AFP | Updated on: 02 Nov 2024, 10:02 AM The German automotive sector condemned recent tariffs, seeing them as harmful to trade and employment. Germany voted against the extra tariffs and is urging both Beijing and Brussels to come to a compromise. (AFP) The German government on … Read more
Volkswagen delivers 200 units of Virtus, Taigun & Tiguan in Punjab on Dhanteras By: HT Auto Desk | Updated on: 31 Oct 2024, 13:21 PM Volkswagen India delivered the 200 units of the Virtus, Taigun, and Tiguan to customers on the auspicious day through its retail outlets in Punjab. Volkswagen delivered 200 cars in a … Read more
Volkswagen sees ‘painful’ cost cuts ahead as profit plunges By: AFP | Updated on: 30 Oct 2024, 21:15 PM Volkswagen, the biggest carmaker in Europe, reported net profit of 1.58 billion euros ($1.7 billion) between July and September, down 64-percent from … Volkswagen, the biggest carmaker in Europe, reported net profit of 1.58 billion euros … Read more