The German carmaker warned that it “must act quickly and decisively” to cut costs.
Category: Volkswagen AG
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Volkswagen ‘Must Act Quickly’ After Largest Loss in Over a Decade
The New York Times – Business: -
The VW Bus, Now Electrified, Keeps on Truckin’
The New York Times – Business:A restored version of Volkswagen’s Flower Power-era Microbus, kitted out by Kindred Motorworks, is aiming for the affluent, while VW’s own E.V. is slow to get moving, much like its forebear.
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The VW Bus, Now Electrified, Keeps on Truckin’
The New York Times – Business:A restored version of Volkswagen’s Flower Power-era Microbus, kitted out by Kindred Motorworks, is aiming for the affluent, while VW’s own E.V. is slow to get moving, much like its forebear.
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Porsche, Facing Falling Profits, Plans to Cut 25% of Its Work Force
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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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.
