Tag: Volkswagen News
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Analysis: German carmakers struggle as rivals outperform in 2024
By Julian Weber, dpa Germany’s leading car manufacturers lagged behind much of the global competition last year, struggling with weak sales and falling profitability, according… Read More
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Porsche to Maintain Dividend Despite Higher Costs
The Volkswagen luxury sports car subsidiary Porsche plans to keep its dividend at last year’s level despite higher costs linked to efforts to improve profitability.… Read More
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German Electric Vehicles Sales Collapse in 2024 After End of Subsidy
Berlin, Germany – Sales of electric vehicles in Germany collapsed in 2024 following the cancellation of a government subsidy, official figures showed on Monday. Around… Read More
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Strikes hit Volkswagen plants across Germany in showdown over cuts
By Frank Johannsen, dpa Wolfsburg, Germany – Rolling strikes hit nine of auto giant Volkswagen’s plants across Germany for the second time this month, as… Read More
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Volkswagen launches joint venture with US electric car company Rivian
Berlin, Germany – German auto giant Volkswagen has officially launched a joint venture with US electric vehicle manufacturer Rivian, committing to a $5.8 billion investment,… Read More
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Volkswagen Showcases New ID.2all Pure Electric SUV Model
By James Ovie Volkswagen unveiled a new entry-level electric SUV-ID.2all. This is also Volkswagen’s smallest electric SUV. It is positioned under the ID.4 and ID.5… Read More