Volkswagen on Tuesday warned against the "harmful economic impact" of tariffs that U.S. President Donald Trump is proposing on imports from Mexico, where Europe's top carmaker operates a major factory.
The Volkswagen Group has raised alarms over U.S. President Donald Trump’s proposed tariffs on Mexican imports.
Volkswagen is looking forward to working with the new U.S. administration, the German carmaker said on Tuesday, and stressed the importance of dialogue amid concerns about the impact of tariffs proposed by President Donald Trump.
Volkswagen has sweetened its offer to the United Auto Workers to include key cost-of-living increases for the company's Chattanooga plant employees.
Volkswagen amended its previously announced offer to UAW employees at its Chattanooga, Tennessee plant to include profit sharing, cost of living adjustments (COLA) and a 25% raise over five years after recent pay boosts.
Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites , a person with knowledge of Chinese government thinking told Reuters.
Volkswagen is discontinuing manual transmissions for the GTI and Golf R, despite a notable spike in demand from U.S. enthusiasts.
Mike discusses his holidays with the new Volkswagen ID.Buzz and Kyle drives the Mustang Mach-E.We talk about the upcoming Acura RSX, Subaru Crosstrek Hybrid, and the Honda CR-V Trailsport.As well, we cover the Tesla Cybertruck getting a discount.
Volkswagen's chief financial officer said in comments to investors seen by Reuters on Wednesday that the next step to making its German plants competitive was to improve productivity, increasing the number of cars produced per worker.
The ailing German brand, facing plant closures at home and declining sales of its once vaunted EVs, hopes the ID. Buzz can revitalize consumer interest.
Rivian's recent delivery and production numbers exceeded expectations, driven by a crucial partnership with Volkswagen. Read why I rate RIVN stock a Hold now.
Lithium project developer Patriot Battery Metals has completed a private placement, raising C$69-million through a strategic investment from Volkswagen . The investment gives the German automotive giant a 9.