The auto giant stopped making cars at the plant in Dresden, which opened in 2001, as it faces weaker demand and steep U.S. tariffs.
Category: Volkswagen AG
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Volkswagen, Hit by Tariffs, Reports $1.5 Billion Loss and Warns of Chip Shortage
Europe’s largest automaker said that a shortage of semiconductors could further hurt productivity.
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Volkswagen Says Loss of Chip Supply Could Hit Production
After China stopped deliveries of Nexperia’s chips over a dispute with the Dutch government, German carmakers are worried about supply shortages.
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German Leaders and Auto Chiefs Team Up in Push to Relax Emissions Rules
The chancellor said he planned to urge the European Union to back off a policy that has been widely interpreted as a ban on combustion engines after 2035.
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Tesla’s Car Sales Rise 7% as U.S. E.V. Tax Credit Ends
The company benefited from a surge in U.S. demand for electric vehicles after Republicans in Congress voted to end a $7,500 incentive at the end of September. But other carmakers benefited more.
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Is That Product Any Good, or Is It Just a Brand Halo?
The concept involves a company trying to parlay feel-good associations with one of its products into a positive reputation for the overall brand.
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Porsche Is No Longer a Blue-Chip Company in Germany
The German carmaker will soon no longer be listed on the leading DAX stock index three years after it made a blockbuster debut, amid losses in China and the threat of U.S. tariffs.
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The Backbone of the Global Auto Supply Chain Is at Risk From Trump’s Tariffs
They are threatening smaller parts companies that are key to manufacturing and employ hundreds of thousands in Japan, South Korea and Germany.
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Volkswagen Hit Hard by Trump’s Tariffs
The German automaker said that the U.S. import duties erased about $1.5 billion from its profit in the first half of the year.
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Tesla Begins Limited Robotaxi Service in Austin
The vehicles will have safety monitors and may not operate in bad weather, making them more restricted than the fully autonomous vehicles promised by Elon Musk.
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Tesla’s Robotaxi, Long Promised by Elon Musk, Joins a Crowded Field
Mr. Musk says the driverless taxis could begin ferrying passengers on Sunday in Austin, Texas, where other companies already have similar cars on the road.
