Volkswagen Group is heading into the remainder of 2026 with a much weaker financial outlook than it had anticipated. The automaker now expects its operating margin to reach only 1% this year, compared ...

It's no secret that Volkswagen is struggling right now, and its desperate situation might lead one of its subsidiaries ...

Hanover (dpa) -German carmaker Volkswagen intends to step up the pace of its core VW brand's ongoing cost-cutting programme, chief Thomas Schäfer said at a staff meeting in Wolfsburg on Monday. "We ...

Porsche (POAHY) has shifted from one of Volkswagen’s (VWAGY) most dependable sources of profit to a growing challenge for the German automaker, complicating Chief Executive Officer Oliver Blume’s ...

The Volkswagen Group, which includes Volkswagen, Audi, Porsche, Skoda, Seat, Cupra, and more, reported 2,243,700 global vehicle sales during the second quarter of 2024, a 3.8% decline compared to Q2 ...

The Volkswagen Group (which includes Volkswagen, Audi, Porsche, Skoda, Seat, Cupra, and more) reports 2,104,300 global vehicle sales during the first quarter of 2024 (up 3.1% year-over-year). However, ...

One day after posting a significant drop in Q1 profits, Volkswagen Group is looking to trim down its administrative staff in Germany to bolster 2024 returns. Volkswagen said it is offering close to ...

Over the last 12 months, the Volkswagen Group delivered a grand total of 9.03 million vehicles worldwide. That is around 200,000 fewer sales compared to 2023, of which certain markets are mostly ...

Volkswagen’s turnaround is entering a more difficult phase. Days after sharply cutting its 2026 profit outlook, Europe’s largest automaker said ...

Volkswagen Group’s India unit is accelerating a three-year restructuring plan that will eliminate about 12% of its workforce, people familiar with the matter said, as the German automaker looks to ...

Sept 3 (Reuters) - Volkswagen's supervisory board on Thursday unanimously approved a comprehensive transformation plan that could include cutting the group's workforce by around 50,000 jobs, including ...