Volkswagen Is Cutting Production as Sales in China Plunge
The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable and sophisticated electric vehicles.
Read the full articleYou might also wanna read
Wie Volkswagen sich in China neu erfinden will
China ist, trotz verlorener Marktanteile, der wichtigste Markt für VW. In der Volksrepublik macht der deutsche Autobauer vieles anders als i
VW faces defining test as CEO pushes for deep cost cuts
Management is arguing the automaker needs an all-hands overhaul, including a carve-out of the VW brand, to withstand mounting competition fr
German politicians duped into thinking a new subsidy scheme only benefits Chinese electric vehicles
A previous German electric vehicle subsidy scheme massively benefited Volkswagen, which had invested heavily in expensive cars that only the
VW targets model cuts of up to 50% after board showdown
Volkswagen plans to cut its sprawling model lineup by as much as 50%, a savings push that was announced after a closely watched supervisory
German car industry warns of job collapse unless ‘bold decisions’ made to address Chinese threat
VW to propose 100,000 job losses to board and says car plants could be put under foreign ownership to save jobs Europe live – latest updates
Volkswagen back in Russia via Chinese unit
Volkswagen has re-entered the Russian market, though the company claims ignorance of this development, according to ZEIT ONLINE.
Comments
Sign in to join the conversation.
No comments yet. Be the first.