Volkswagen targets €75 billion valuation in Porsche IPO Volkswagen is targeting a valuation of up to €75 billion for luxury sportscar maker Porsche, in what will be Germany's second-largest initial public offering (IPO) … Business • 19 Sep
Volkswagen confirms outlook as operating profits tumble The Volkswagen Group saw a 27.7% fall in operating profit before special items to €4.7 billion in the second quarter, the carmaker reported today, as … Business • 28 Jul
Volkswagen's CEO Diess to leave company Volkswagen's Herbert Diess is stepping down as chief executive, VW said today, a major change at the helm of one of Germany's most prominent global … Business • 22 Jul
New car sales in Europe lowest since 1996 Europe registered the lowest number of new passenger cars in the month of June this year since 1996 at just over 1.06 million vehicles, with … Business • 15 Jul
Volkswagen keeps outlook despite supply chain woes Volkswagen, Europe's top carmaker, has today stuck to its outlook for the current year after its global production network helped it offset supply chain disruptions … Business • 04 May
Truckmaker MAN resumes production after supply crisis German commercial vehicle maker Traton's MAN unit restarted production from today after a six-week gap caused by supply problems resulting from the war in Ukraine, … Business • 25 Apr
Volkswagen profits rise but war could still make impact Volkswagen today warned that it had started to feel the impact of the war in Ukraine on supply chains and raw materials prices in the … Business • 14 Apr
VW to scrap models and focus on premium market German carmaker Volkswagen will axe many combustion engine models by the end of the decade and sell fewer cars overall to concentrate on producing more … Business • 06 Apr
Volkswagen efforts to secure e-battery materials supply Volkswagen is to form joint ventures with Huayou Cobalt and Tsingshan Group to secure nickel and cobalt supplies in China, the world's largest car market, … Business • 21 Mar
Volkswagen joins sustainable mining initiative Volkswagen has joined a group that sets environmental and social standards in mining as the world's second biggest carmaker steps up efforts ensure its raw … Business • 17 Mar
Ford and Volkswagen deepen electric vehicle cooperation Ford has deepened its e-mobility partnership with Volkswagen which will see the US carmaker produce a second electric vehicle for the European market based on … Business • 14 Mar
Economic damage from war may be worse than Covid - VW Volkswagen's chief executive officer has warned that a prolonged war in Ukraine risks being "very much worse" for the European regions economy than the coronavirus … Business • 10 Mar
Volkswagen expects chip shortage to ease later in 2022 German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although Chief Executive Herbert Diess said it should be able to … Business • 16 Feb
BMW still cautious on bringing battery output in-house BMW won't scale up its own battery cell production for electric cars until the technology has developed further, the German company said today, taking a … Business • 13 Jan
VW's sales hit 10-year low in 2021 as BMW races ahead Volkswagen Group posted its lowest sales figures in 10 years in 2021 at 8.9 million deliveries, the carmaker said today, and it said it expected … Business • 12 Jan
VW's Diess set to remain as CEO, but with fewer powers Volkswagen CEO Herbert Diess will likely stay on to lead Europe's largest carmaker as part of a solution that will see him cede some responsibilities … Business • 07 Dec 21
Toyota says world not yet ready for zero-emission cars Large parts of the world are not ready for zero-emission vehicles, which is why Toyota did not sign a pledge this week to phase out … Business • 12 Nov 21
Skoda to make quarter of a million fewer cars this year Volkswagen owned Skoda Auto said today it will make about a quarter of a million fewer cars than anticipated this year due to a shortage … Business • 01 Nov 21
Chip crunch deals blow to Volkswagen as Q3 falls short Volkswagen has cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as a shortage of computer chips caused the world's … Business • 28 Oct 21
Volkswagen makes €2.5bn bid to take over Europcar German carmaker Volkswagen has offered €2.5 billion for French car rental firm Europcar, in an offer backed by a British investment firm and a Dutch … Business • 20 Sep 21
Four ex-VW managers on trial over 'dieselgate' scandal The trial of four former Volkswagen managers accused of fraud in the "dieselgate" emissions-cheating scandal has begun in the absence of the group's ex-boss, whose … World • 16 Sep 21
Smart cars, not e-cars, are gamechanger: Volkswagen CEO Volkswagen boss Herbert Diess has said that autonomous cars, not electric vehicles, were the "real gamechanger" for the auto industry, which is facing the end … Business • 06 Sep 21
SEAT partly halts output at Spanish plant on shortage Volkswagen's Spanish unit SEAT has partly halted car assembly at its plant near Barcelona due to the global semiconductor supply bottleneck, the company said in … Business • 20 Aug 21
Volkswagen posts H1 operating profit of €11 billion Volkswagen said its first-half operating profit is expected to come in at around €11 billion - surpassing pre-pandemic levels on the back of strong demand … Business • 09 Jul 21
Only VW and Volvo doing enough to electrify in Europe Among the major carmakers, Volkswagen and Volvo are doing enough to electrify their vehicle lineups in Europe and the EU needs to set tougher CO2 … Business • 16 Jun 21
