This investment is part of the automaker’s strategic initiative to prepare the facility for the production of a new SUV model slated for launch in …
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INDUSTRY NEWSLatest News
Volkswagen accelerates investment in China amid EV push
by Biplab Dasby Biplab DasThe investment will primarily be directed towards expanding Volkswagen’s production facilities and innovation hub in Hefei.
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Reduction in staff is expected to happen in phases this year via implementing stricter performance standards.
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After the aggressive tussle with the Detroit Three last fall, Fain launched an unprecedented campaign to organise the entire non-union auto assembly sector in the …
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Volkswagen has revealed the new ID.3 GTX and ID.7 GTX Tourer models, building on the success of the ID.4 GTX and ID.5 GTX in Europe.
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INDUSTRY NEWSLatest News
Volkswagen forecasts 3% rise in car sales amidst economic challenges
by Biplab Dasby Biplab DasDuring the presentation of Volkswagen’s 2023 results, Arno Antlitz, the finance chief, acknowledged the persisting challenges in the general economic environment.
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FeaturesWorld Beyond News
Pit stops: passion, politics, and other paraphernalia
by Diksha Bislaby Diksha BislaIn the world of endurance racing, pit stops are seen as mere commas in the relentless pursuit of speed. But what if we took a …
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INDUSTRY NEWSLatest News
Volkswagen’s battery unit defers IPO until factories running, unified cell in use
The decision to defer POwerCO’s IPO comes at a time when the capital-market enthusiasm for EVs has cooled as sales growth has slowed.
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In late 2022, Volkswagen ceded its title of best-selling car brand in China to local EV manufacturer BYD.
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Volkswagen has taken the wraps off the new ID.7 Tourer and it’s here to fill the shoes of the Passat Variant with its all-electric powertrain.