Trends - Volkswagen - Business Recorder

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Foreign cars flow to Russia through China

MOSCOW: Tens of thousands of cars are being exported from China to Russia under gray-market schemes that often...

Published 18 Feb, 2026 06:56am

Business & Finance

Volkswagen plans to cut costs by 20% by end 2028, Manager Magazin reports

Volkswagen plans to cut costs by 20% across all brands by the end of 2028

Published 16 Feb, 2026 12:26pm

World

Electric vehicle sales overtake petrol in EU for first time

EU unveiled a plan in December to abandon an effective 2035 ban on combustion engine cars

Published 27 Jan, 2026 07:30pm

Markets

Chinese automaker Xpeng touts AI pivot in face of fierce competition

Automakers, for example, are creating robots to automate warehouse and factory tasks

Published 09 Jan, 2026 11:53am

Business & Finance

Volkswagen to develop own assisted driving chip in China

Volkswagen is still the leading foreign group operating in China but the auto giant's sales have drooped as local brands rise

Published 05 Nov, 2025 12:40pm

Business & Finance

Volkswagen posts 1-billion-euro loss on tariffs, Porsche woes

FRANKFURT, (Germany): Volkswagen reported its first quarterly loss for five years Thursday, topping one billion...

Published 31 Oct, 2025 06:22am

Business & Finance

VW to overhaul India business amid market pressures, company memo shows

NEW DELHI: Volkswagen Group is restructuring its business in India, a key growth market for the carmaker where it...

Published 29 Sep, 2025 08:37pm

Technology

‘China Inside’: How Chinese EV tech is reshaping global auto design

SHANGHAI/MILAN: When Audi executives first saw the Zeekr 001 in 2021, a long-range electric vehicle with European...

Published 11 Sep, 2025 11:13am

Business & Finance

European automakers confront tariffs, Chinese rivalry at Munich car show

MUNICH: Major automakers will showcase their latest models at Munich’s car show on Monday as Europe’s automotive...

Published 08 Sep, 2025 12:12pm

Business & Finance

Volkswagen boss Blume looks to give up dual role as Porsche CEO, WiWo magazine reports

BERLIN: Oliver Blume is looking to step down from his CEO position at Porsche AG to focus on his role as head of...

Published 27 Aug, 2025 11:45am

Business & Finance

Volkswagen takes 1.3-bn-euro hit from Trump tariffs

FRANKFURT: German auto giant Volkswagen said Friday that tariffs imposed by US President Donald Trump had cost it ...

Published 04 Aug, 2025 05:45am

Business & Finance

Volkswagen cuts 2025 guidance after $1.5-billion tariff hit in first half

BERLIN: Volkswagen reported a 1.3-billion-euro ($1.5-billion) first-half hit from tariffs and cut its full-year...

Published 25 Jul, 2025 07:11pm

Business & Finance

Volkswagen lowers guidance as tariffs hit profit in second quarter

BERLIN: Volkswagen on Friday gave its first assessment of how U.S. President Donald Trump’s trade war with Europe is...

Published 25 Jul, 2025 11:20am

Business & Finance

Volkswagen stops production at Chinese plant in electric push

FRANKFURT: Volkswagen and its Chinese partner SAIC have shuttered production at a plant in China due to slowing...

Published 11 Jul, 2025 06:07pm

Business & Finance

Audi could build plant in US to placate Trump, Spiegel reports

BERLIN: Volkswagen’s premium brand Audi could build a plant at a new location in the United States under scenarios...

Published 20 Jun, 2025 04:40pm

Print

Around 20,000 VW workers agree to buyout amid overhaul

FRANKFURT, (Germany): Around 20,000 Volkswagen workers in Germany have so far agreed to take voluntary redundancy as...

Published 04 Jun, 2025 03:03am

Business & Finance

Tesla not keen on local production in India, minister says

NEW DELHI: Tesla does not want to produce cars in India, a federal minister said on Monday, while adding that...

Published 02 Jun, 2025 01:50pm

Business & Finance

Volkswagen CEO flags ‘massive’ US investments, ‘fair’ tariff talks, newspaper reports

BERLIN/FRANKFURT: Volkswagen is holding “fair” and “constructive” talks with the United States government on tariffs...

Published 30 May, 2025 01:53pm

Business & Finance

Volkswagen weighs plan to sell or find partner for Italdesign

MILAN: Volkswagen is considering a plan to divest from its design and engineering unit Italdesign, union...

Published 19 May, 2025 06:13pm

Business & Finance

Volkswagen says trade tensions, EV costs to weigh on profits

STUTTGART: Volkswagen expects its operative profit, net cash flow and net liquidity to land at the bottom end of...

Published 30 Apr, 2025 11:08am

Business & Finance

Trump to reduce impact of auto tariffs, Commerce secretary says

WASHINGTON: President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on...

Published 29 Apr, 2025 07:31am

Business & Finance

Volkswagen plans exports from China to Asia, South America, Middle East

SHANGHAI: Volkswagen plans to start exporting cars from China, aiming to sell in other Asian markets, South America...

Published 22 Apr, 2025 04:01pm

Business & Finance

Volkswagen’s Audi to cut 7,500 jobs in administration

BERLIN: Volkswagen’s Audi will cut up to 7,500 jobs in Germany by 2029 in areas like administration and...

Published 27 Mar, 2025 05:23am

Business & Finance

Volkswagen to navigate another tricky year after 2024 profit plunge

WOLFSBURG (Germany): Volkswagen said Tuesday its profits nosedived in 2024 amid high costs and fierce Chinese...

Published 26 Mar, 2025 05:25am

Print

India says quashing Volkswagen’s $1.4bn tax bill would be ‘catastrophic’

NEW DELHI: India’s government has told a court in Mumbai that agreeing to Volkswagen’s demand to quash a $1.4...

Published 25 Mar, 2025 05:37am

World

India says quashing Volkswagen’s $1.4 billion tax bill would be ‘catastrophic’

NEW DELHI: India’s government has told a court in Mumbai that agreeing to Volkswagen’s demand to quash a $1.4...

Published 23 Mar, 2025 01:00pm

Business & Finance

Audi weighs price increases to soften US tariff blow

INGOLSTADT, GERMANY: Volkswagen’s premium Audi brand is weighing whether to pass on the costs of U.S. import tariffs...

Published 18 Mar, 2025 04:50pm

Business & Finance

Volkswagen, FAW venture to launch 11 new models tailored for China from 2026

BEIJING: The joint venture of Volkswagen and FAW Group said on Monday it will launch 11 new Volkswagen and Jetta...

Published 17 Mar, 2025 10:30am

Business & Finance

China’s Ecarx explores US entry, in talks with VW to develop smart cars for Europe, CEO says

SHANGHAI: Volkswagen is in talks with digital cockpit system developer Ecarx to put the Chinese company’s...

Published 16 Mar, 2025 10:13am

Business & Finance

Tesla warns it could face retaliatory tariffs

WASHINGTON: US automaker Tesla has warned that it and other major American exporters are exposed to retaliatory...

Published 14 Mar, 2025 10:18am