The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
Category: Volkswagen AG
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Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force
The New York Times – Business: -
Porsche’s New Look: Pricier Cars and 25% Fewer Employees
The New York Times – Business:The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
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Defense Hiring Will Ease, Not End, Pain in European Car Industry
The New York Times – Business:An agreement to turn an ailing Volkswagen factory into a defense manufacturing hub offers hope for jobs. But a shift from “family vans to tanks” in Germany is not so simple.
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Will a Turnaround Plan Revive Volkswagen or Merely Delay Its Demise?
The New York Times – Business:The beleaguered auto giant reached a deal with unions to cut tens of thousands of jobs and slash production. Is it enough to revive an iconic German company?
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The German Auto Industry, a Pillar of the National Psyche, Is Trembling
The New York Times – Business:The country’s iconic carmakers are struggling with tariffs, the growth of electric vehicles and intense competition from Chinese companies.
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In Europe, Tesla Sales Are Rising Despite Views on Elon Musk
The New York Times – Business:Price cuts and low-interest-rate loans are luring buyers, including people offended by the company’s chief executive.
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For New Car Brands, the Path to Success Is Littered With Flops
The New York Times – Business:Honda and Sony have bailed on Afeela, their joint E.V. project, without selling a single car. Subbrands from big automakers have a shaky track record, but leaning into luxury can help.
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11 Electric Cars Worth a Look as Gas Prices Soar
The New York Times – Business:The war in Iran has auto shoppers sizing up electrics. Many strong cars are on the market, and there are bargains to be had when buying used.
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Volkswagen to End E.V. Production at Tennessee Plant
The New York Times – Business:The German carmaker is the latest to scale back plans for electric vehicles in favor of gasoline models.
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Driverless Big Rigs Are Coming to American Highways, and Soon
The New York Times – Business:There are active test runs in Texas, and a handful of companies are banking on making a big entry into the market as early as next year.
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Europe and China Take Step to Resolve Dispute on Electric Vehicles
The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.