Volkswagen Group has put an estimated €16 billion cost on its sweeping restructuring programme, which includes plans to eliminate up to 100,000 jobs and reconsider the future of four German plants. Read More...
Volkswagen Group has reported lower profitability and vehicle sales for the first half of 2026 as weak demand in China and ongoing market pressures weighed on performance, although the company says it expects improved margins in the second half of the year. Read More...
Volkswagen Group is reportedly preparing its most extensive restructuring programme to date, with plans that could see up to 100,000 jobs cut worldwide over the coming years. Read More...
Volkswagen plans to eliminate around 50,000 jobs in Germany by 2030 as part of a wider restructuring programme, according to CEO Oliver Blume in the company’s 2025 shareholder letter. Read More...
Volkswagen Group is reportedly in advanced discussions with the U.S. government regarding a potential investment agreement that could strengthen the German carmaker’s manufacturing footprint in North America. Read More...
Volkswagen Group has reported its financial results for the first nine months of 2024, highlighting its difficulties. Read More...
Volkswagen Group has reported its financial results for the first quarter of 2024, when sales revenue declined by 1% to €75.46 billion. Read More...
Volkswagen Group has reported its financial results for the full 2023 fiscal year, when sales revenue was up 15% year-on-year to €322.3 billion. Read More...
Volkswagen Group has reported its financial results for the first half of 2023, with revenue up by 18% to €156.3 billion. Read More...
The Volkswagen Group’s brands, including Porsche, have joined the Leather Working Group (LWG) and committed to sustainable leather sourcing. Read More...
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