Browsing Tag
Volkswagen AG
15 posts
Volkswagen cuts 2026 margin to 1% as €10bn charges expose restructuring cost
Volkswagen has slashed its 2026 operating-margin forecast from 4%–5.5% to no more than 1% after identifying approximately €10 billion of special charges, including a €6 billion Porsche goodwill impairment and additional restructuring costs across Germany and China.
Volkswagen’s SEAT dilemma shows how quickly CUPRA has changed the economics of its Spanish business
Volkswagen is reviewing SEAT’s future beyond the current product cycle as faster-growing CUPRA receives increasing strategic attention, exposing how electrification costs and Chinese competition are forcing Europe’s largest automaker to decide which brands still justify billions of euros of investment.
XPeng wants to sell AI car technology to global automakers after Volkswagen validates the model
XPeng is seeking additional international customers for its electrical architecture, cockpit software, Turing artificial-intelligence chips and driver-assistance technology after its Volkswagen partnership helped demonstrate that intellectual property could become a high-margin revenue stream alongside electric-vehicle sales.
Volkswagen is done building cars at OsnabrĂĽck. Why could air defence save 1,400 jobs?
Volkswagen plans to sell its OsnabrĂĽck factory to Aurelius Capital and Lower Saxony before converting the site from car production into a security and defence manufacturing hub anchored by Rafael Advanced Defense Systems.
Volkswagen’s first 35,000 job cuts may not be enough. What is Oliver Blume trying to fix?
Volkswagen Group is preparing for a critical supervisory board confrontation over a restructuring that could go far beyond the 35,000 German job reductions already agreed, as vehicle sales fall, China competition intensifies and first-half operating profit drops 11.6%.
Why Volkswagen’s 50,000-job plan may not be enough as Oliver Blume pushes deeper cuts
Volkswagen Group is considering deeper workforce reductions, possible plant closures and business carve-outs as Oliver Blume argues that existing savings measures are insufficient to restore competitiveness, putting four major German manufacturing sites under mounting pressure ahead of a crucial September 4 supervisory board meeting.
Lamborghini unveils $741,172 Revuelto SV as Volkswagen leans on luxury profit engine
Lamborghini's $741,172 Revuelto SV extends the V12 hybrid franchise as H1 profit fell 8.4%, US registrations sank and Ferrari widened its lead over Sant'Agata.
Volkswagen already planned 50,000 job cuts, but Oliver Blume says that may not be enough
Volkswagen chief executive officer Oliver Blume has warned that as many as 50,000 additional jobs could theoretically be affected if the automaker cannot close its overhead-cost gap through other measures. The potential reductions would be separate from approximately 50,000 German roles already scheduled to disappear by 2030, but no final additional layoff target has been approved.
Volkswagen (VOW3) Q2 deliveries fall 8.6% as China plunges 36.6% amid restructuring
Volkswagen (VOW3) Q2 deliveries fall 8.6% as China plunges 36.6%; core brand -14%, Porsche -18%. Model halving collides with Zwickau plant protests.
Volkswagen already planned 50,000 job cuts, so why is Oliver Blume reportedly targeting 100,000 now?
Volkswagen is reportedly considering up to 100,000 global job cuts, four German plant closures and a 15% investment reduction, potentially transforming Europe’s largest automaker into a smaller, more decentralised and financially disciplined industrial group.