Volkswagen Group is the world's largest automobile manufacturer by revenue as of May 2024, with $348.6 billion for the preceding 12 months, edging out Toyota Motor Corp. for the lead. The ...

Volkswagen wants to cut the wages of its 120,000 employees in Germany by almost 20 percent, thereby saving €2 billion a year.

Volkswagen Group is planning to shut at least three factories in Germany, cut thousands of jobs, lower staff pay and permanently reduce the size of its remaining facilities in Europe’s largest ...

A Volkswagen AG entity is looking to raise new debt on Tuesday in an offering that will test demand among bond investors ...

The wait is officially over. Volkswagen Group’s revival of the Scout brand has finally unveiled production-intent concept versions of its two flagship EV models. We are in Nashville, Tennessee ...

Electric truck maker Rivian's $5 billion deal with Volkswagen Group nets Rivian some much-needed cash. But it also gives ...

Volkswagen Group has reported first half operating profit of €3.5bn, down 8.2% on the same period last year. It said a number of factors played a part in the decline, including higher personnel ...

The crisis around Volkswagen hits at the very heart of German engineering excellence. It's hard to be more German than ...

For four decades, Volkswagen Group was the market leader in China, where drivers prized its wide range of cars, from frugal Volkswagen Santanas to potent Audis and Porsches. But VW has been ...

(AP Photo/Michael Probst) Volkswagen cars of a car dealer are parked in Neu-Anspach near Frankfurt, Germany, Wednesday, Oct.

Volkswagen is planning to implement significant cost reductions methods to enhance competitiveness and maintain sustainability.

Volkswagen wants its workforce to take pay cuts of 10% in order to remain competitive and safeguard jobs, the company said in ...