Volkswagen sees impact of Ukraine war despite profit bounce FRANKFURT: German auto giant Volkswagen said Thursday its first quarter operating profit increased significantly in... Published 14 Apr, 2022 02:36pm
Business & Finance Chip undersupply to last until 2024: Volkswagen CFO BERLIN: Semiconductor chip supply is unlikely to be enough to completely satisfy demand again until 2024, Volkswagen... Published 10 Apr, 2022 05:49am
Technology Giga-casting and robots: How Volkswagen’s Trinity aims to catch up with Tesla BERLIN: As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalising... Published 31 Mar, 2022 01:22pm
Technology Inside China’s electric drive for swappable car batteries DETROIT/BEIJING: A year ago Tesla dismissed the alternative path of electric car battery swapping as “riddled with... Published 25 Mar, 2022 11:37am
Business & Finance Volkswagen sold 2mn fewer cars due to chips, warns supply chain troubles not over BERLIN: Volkswagen sold 2 million fewer cars than planned last year due to the semiconductor shortage, it said... Published 15 Mar, 2022 12:35pm
Business & Finance Volkswagen reimagines classic camper for the electric age FRANKFURT: Seventy years after its first model rolled off the factory line, Volkswagen is reinventing the VW bus,... Published 14 Mar, 2022 06:00am
Business & Finance Volkswagen profits surge despite selling fewer cars BERLIN: Volkswagen said Friday its net profits jumped last year despite selling fewer cars due to the semiconductor... Published 14 Mar, 2022 06:00am
Business & Finance Volkswagen warns of risks from Ukraine crisis as operating profit doubles FRANKFURT: Volkswagen AG, Europe's top carmaker, doubled its operating profit in 2021 but warned that Russia's... Published 12 Mar, 2022 12:42am
Business & Finance VW chief warns economic damage from war risks being worse than pandemic Volkswagen AG's chief executive officer has warned that a prolonged war in Ukraine risks being "very much worse" for... Published 10 Mar, 2022 12:15pm
Business & Finance McDonald's, Coca-Cola join US firms halting Russia operations NEW YORK: McDonald’s, Coca-Cola and Starbucks on Tuesday bowed to public pressure and suspended their operations in... Updated 09 Mar, 2022 01:40pm
Business & Finance Top carmakers suspend operations at Russian plants FRANKFURT: Toyota and Volkswagen, the world’s two biggest auto manufacturers, said Thursday they would suspend... Published 04 Mar, 2022 04:37am
Business & Finance Volkswagen eyes separate stock market listing for Porsche FRANKFURT: German auto giant Volkswagen on Tuesday said it was drawing up plans to list its luxury brand Porsche as... Published 23 Feb, 2022 04:54am
Markets Volkswagen and top investor move closer to Porsche IPO BERLIN: Volkswagen and its top shareholder have drawn up a preliminary agreement to list Porsche, paving the way for... Published 22 Feb, 2022 05:56pm
Business & Finance With weak lira, Turkey woos foreign firms ISTANBUL: There is a silver lining to Turkey's currency crisis and the global supply chain crunch: The country is... Published 20 Feb, 2022 11:40am
Technology Volkswagen in talks with Huawei on autonomous driving unit BERLIN: Germany's Volkswagen is in talks with China's Huawei about acquiring an autonomous driving unit for billions... Published 17 Feb, 2022 03:28pm
Business & Finance Volkswagen hits 2021 EU emissions target after 2020 miss FRANKFURT: German car giant Volkswagen said Monday it beat the European Union's target for cutting carbon emissions... Published 24 Jan, 2022 05:26pm
Business & Finance FAW-Volkswagen plant in Tianjin resumes production BEIJING: Volkswagen's FAW-Volkswagen vehicle plant in Tianjin resumed production of Friday after shutting on Jan. 10... Published 21 Jan, 2022 04:23pm
Business & Finance BMW reigns with sales record in 2021 as Daimler, VW lose ground BERLIN: Volkswagen vehicle deliveries fell 8.1% in 2021 to just under 4.9 million hurt by supply chain bottlenecks,... Updated 12 Jan, 2022 02:45pm
Business & Finance Volkswagen sold 70,625 ID electric cars in China last year, missing targets BEIJING: Volkswagen AG sold 70,625 of its ID electric vehicles in China last year, missing its goal of selling ... Published 11 Jan, 2022 10:37am
Markets Volkswagen to produce even fewer cars in 2022 than this year BERLIN: Volkswagen expects to produce even fewer cars in 2022 than this year due to ongoing semiconductor supply... Published 16 Dec, 2021 06:23pm
Business & Finance German carmakers race to retrain workforce for electric age WOLFSBURG: After her apprenticeship at Volkswagen, Michelle Gabriel was a master at welding, cutting, bending and... Published 12 Dec, 2021 11:11am
Business & Finance Volkswagen cranks up electric car investment FRANKFURT: German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles... Published 09 Dec, 2021 08:32pm
Markets Used car demand, low hedging costs boost Volkswagen Financial Services expectations BERLIN: Volkswagen Financial Services expects record annual revenue boosted by a strong fourth quarter, it said on... Published 08 Dec, 2021 05:36pm
Markets Tesla bounces back as electric car stocks rally Tesla's stock bounced back from its recent selloff on Tuesday in a rally of electric vehicle stocks a day after ... Published 16 Nov, 2021 11:27pm
Business & Finance Global carmakers now target $515 billion for EVs, batteries Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through... Published 10 Nov, 2021 12:41pm
Business & Finance Renault must keep cutting costs to make its best products by 2023/25 LUDWIGSBURG: Renault CEO Luca de Meo said on Tuesday the company had to keep lowering costs in order to simplify the... Updated 09 Nov, 2021 06:46pm
Business & Finance Volkswagen invests in EU-backed energy transformation fund FRANKFURT: Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology... Published 03 Nov, 2021 11:21am
Business & Finance Chip crunch deals blow to Volkswagen as Q3 falls short FRANKFURT: Volkswagen cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as an... Published 28 Oct, 2021 11:52am
Business & Finance Assembly of Skoda and Volkswagen: PML appoints AKD Securities as financial advisor KARACHI: Premier Motors Limited (PML) will initially launch premium Volkswagen and Skoda Crossovers and SUVs in... Published 01 Oct, 2021 04:07am
World EU court adviser finds car defeat devices broadly illegal BRUSSELS: Software Volkswagen AG used to alter pollutant emissions based on the temperature and altitude is illegal... Published 24 Sep, 2021 04:40am