Volkswagen AG Unsponsored ADR (VWAGY)
Volkswagen Board Approves Plan to Cut Workforce, Model Portfolio
The auto maker is planning to reduce its workforce by 50,000 amid intensifying competition.
Explainer: Why a longer working week may not fix Volkswagen's woes
With a confrontation brewing between management and unions over Volkswagen's restructuring plans amid wider efforts to protect the future of German auto production, attention is turning to the industry's 35-hour working week.
Volkswagen Fights Chinese Competition—and Its Own Board—in Battle to Survive
CEO Oliver Blume's plan to make company smaller and less German has sparked union and political outcry. “Detroit-ization'” is a new buzzword.
Volkswagen management proposes shutdown of four German plants by 2034, WiWo reports
Volkswagen's management board plans to propose ending production at four German plants between 2031 and 2034, German business outlet WirtschaftsWoche reported on Tuesday.
VW's Struggles: China Is Key, But The Lock Is Broken
Volkswagen Group profits have collapsed in China, with Porsche exports and JV earnings sharply down. VW's 'In China, For China' strategy aims for 30 new/updated models by 2027 but faces a shrinking market. VW's new models are at last competitive, but that's not enough. Industry-wide gross margins have fallen to 3.8%, with overcapacity and 652 models intensifying price and profit pressure. VW can't make money when competitors are in a chronic price war.
Lower Saxony premier urges agreement on VW restructuring before board meeting
One of the main players in a struggle to agree a restructuring plan for Volkswagen AG , Lower Saxony state Premier Olaf Lies, said there was heavy pressure on all sides to reach an agreement in the next few days.
Mobileye Eyes Higher ASPs as Surround ADAS, Volkswagen Programs Ramp
Mobileye Global NASDAQ: MBLY said inventory held by its Tier 1 customers stood at roughly five weeks, compared with a typical range of four to five weeks, as automakers maintain somewhat higher safety stock amid supply-chain constraints.
Volkswagen controlling families call for faster overhaul to fend off Chinese rivals
Volkswagen's top investor on Friday called on the auto giant to take immediate action to fend off intensifying competition from Chinese car brands. "The decisions that Volkswagen makes now will determine its future," said Hans Dieter Pötsch, chairman of the board of management of Porsche SE.
Volkswagen Backer Porsche SE Calls for Faster Overhaul After $3.5 Billion Hit
The German automaker's major shareholder urged swift action to improve competitiveness after impairments on its investment.
Volkswagen engineers charged with insider trading tied to Rivian joint venture
The U.S. Department of Justice has charged two Volkswagen engineers with securities fraud for an alleged insider-trading scheme connected to the German automaker's joint venture with Rivian.
Volkswagen Q2 Earnings Call Highlights
Volkswagen ETR: VOW3 reported lower first-half vehicle deliveries and weaker profit as sharply declining demand in China, U.S. tariff costs and intense competition weighed on results, while management said stronger cash generation and a growing European electric-vehicle order book showed signs of resilience.
Volkswagen reports weaker-than-expected Q2 earnings, lowers 2026 sales forecast
Volkswagen reported weaker-than-expected second-quarter earnings on Friday and abandoned its forecast for revenue growth this year, underscoring the mounting pressure on Europe's largest automaker as it accelerates one of the biggest restructuring efforts in its history. The German carmaker posted lower operating profit despite stronger-than-expected revenue, while warning that geopolitical tensions, trade conflicts and fierce competition from Chinese electric vehicle makers continue to weigh heavily on its business.
