The big test for Volkswagen will come in 2026, when it tries to play catch-up in electric vehicles with four models. And Germany’s rally looks like it has legs.
Concerns are growing among Volkswagen's board members that sweeping cuts agreed with unions late last year will not be enough to turn around the struggling carmaker's core brand, the Handelsblatt business daily reported on Thursday.
Volkswagen may have an answer to its China woes in the form of a joint venture with XPeng, a Chinese automotive manufacturer. The two companies are working on new architecture that will underpin VW’s Chinese EVs. The first models should hit the market in 2026, and at least one will be an SUV.
German carmaker Volkswagen is considering setting up production sites in the United States for its high-end Audi and Porsche brands to avert fallout from tariffs threatened by President Donald Trump,
All Porsche and Audi EVs are currently built outside the US, making them particularly exposed to an increase in tariffs. The Audi Q5 is built in Mexico, while Porsche EV models are produced in Europe.
President Trump has threatened import tariffs on automobiles seemingly forever, ranging from 25 percent to 300 percent depending on how he’s feeling that day, but the administration seems poised to launch a new raft of import tariffs on February 1.
The Volkswagen Group has raised alarms over U.S. President Donald Trump’s proposed tariffs on Mexican imports.
Volkswagen is exploring the possibility of sharing its excess production lines in Europe with Chinese EV makers.
Former Volkswagen boss Alex Smith has joined troubled dealer group Lookers as the firm looks to move on from recent controversy. Smith spent 15 years with
Truckmaker Scania has stepped in to help Northvolt with the day-to-day running of its flagship plant in northern Sweden, a last-ditch effort to boost quality and output at the struggling electric vehicle battery maker as it scrambles to secure funds.
On a sales basis, German automaker Volkswagen is the most exposed to tariff risk, followed by Nissan Motor and Stellantis, S&P Mobility reports.