Friday, 11 April 2025

Focus on Volkswagen Group

FILE PHOTO: Stellantis-backed joint venture Leamotor International showcases Leapmotor C10 SUV in Malpensa, Italy, as it opens order for the model in Europe, September 24, 2024. REUTERS/Giulio Piovaccari/File Photo
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Analysis: Stellantis CEO follows Chinese route to avoid EV tariff ‘trap’

By Nick Carey, Nora Eckert and Joseph White LONDON/DETROIT (Reuters) – Stellantis wants to adopt the low-cost mindset of Chinese EV makers despite...

FILE PHOTO: A general view of the power station of the Volkswagen plant, ahead of a Volkswagen's works council regular meeting with workers in Germany to discuss matters including progress on its cost-cutting drive, in Wolfsburg, Germany, September 3, 2024. REUTERS/Fabian Bimmer/File Photo
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Volkswagen labour clash spotlights Europe’s car factory problem

Despite the challenges VW faces, a review shows the carmaker may fare better than its European rivals regarding underused plants.

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High costs, slowing China: Volkswagen’s perilous road ahead

Volkswagen faces high costs, China competition, and a troubled EV transition, as tense pay talks with unions begin.

FILE PHOTO: General view outside the Northvolt facility in Vasteras, Sweden, September 29, 2021. Picture taken September 29, 2021. REUTERS/Helena Soderpalm./File Photo
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Northvolt to axe 1,600 jobs as Europe’s EV hopes stall

Northvolt cuts 1,600 jobs and suspends expansion as it faces production issues, slow EV demand, and competition from China.

A electric vehicle charger is seen as a vehicle charges in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew Kelly/File Photo
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White House touts $1bn fund to help auto suppliers retool for EVs

Investment firm Monroe Capital LLC said it plans to launch a fresh fund of up to $1 billion to provide loans for smaller...

FILE PHOTO: People walk past an ID. Store X showroom of SAIC Volkswagen in Chengdu, Sichuan province, China January 10, 2021. REUTERS/Yilei Sun/File Photo
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SAIC Volkswagen says adjusting plant base “necessary”

Planned production cuts at the partnership's Nanjing plant are "normal and necessary" business decisions, they say.

FILE PHOTO: Cars are parked near the power station of the Volkswagen plant in Wolfsburg, Germany, September 4, 2024.  REUTERS/Stephane Nitschke/File Photo
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EU car sales at 3-year low in August, EV sales plunge 44%

European EV sales continue to show decline amid broader slump, with manufacturers calling for action to stop further falls.

FILE PHOTO: A Volkswagen logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
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Volkswagen plans stop to production at jointly-owned China plant

Volkswagen plans to shift Passat production from its Nanjing plant in China, addressing overcapacity struggles in the market.

Visitors gather around an electric Scania truck by the Swedish carmaker at the IAA truck show in Hanover, Germany, September 17, 2024. REUTERS/Fabian Bimmer
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Truckmakers ready to go electric, but what about charging?

Major truck manufacturers say they are ready to go electric, but call for massive investments in charging infrastructure.

FILE PHOTO: Visitors stand at the booth of Volkswagen's truck unit Traton Group, former Volkswagen Truck & Bus AG, in Hanover, Germany September 19, 2018. REUTERS/Fabian Bimmer/File Photo
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Scania CEO says committed to Northvolt despite cutbacks, delivery issues

Scania says it is committed to using Northvolt as the truckmaker's single battery supplier despite recent production and delivery problems.

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