Monday, 12 May 2025

Focus on Volkswagen Group

FILE PHOTO: A man wearing an IG Metall (Industrial Union of Metalworkers) scarf holds a banner with the Volkswagen logo, as workers gather to strike against planned cuts to wages and possible factory closures, in Hanover, Germany, December 2, 2024. Picture taken with long exposure. REUTERS/Fabian Bimmer/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW, union agree to cut 35,000 jobs in Germany, avert strikes

Volkswagen strikes deal with unions, avoiding mass strikes; plans 35,000 job cuts, cost reductions, and future investments.

FILE - EPA Administrator Michael Regan stands near the Marathon Petroleum Refinery as he conducts a television interview, while touring neighborhoods that abut the refinery, in Reserve, La., Nov. 16, 2021. (AP Photo/Gerald Herbert, File)
ClimateEconomyEmissionsEnvironmentNewsPolitics

EPA head Regan, who championed environmental justice, to leave office Dec. 31

Michael Regan, who has led the EPA throughout Biden's four-year term, said Friday he will leave the agency Dec. 31.

FILE PHOTO: German Chancellor Olaf Scholz attends a European Union and Western Balkans countries' summit in Brussels, Belgium, December 18, 2024. REUTERS/Johanna Geron/File Photo
AutomotiveClimateCourtsEconomyElectric Vehicles (EVs)EmissionsNewsPoliticsTransport

Automaking countries press EU to relax rules on CO2 fines

German Chancellor Olaf Scholz said it did not make sense to add to the difficulties the industry faces.

FILE - Solar panels operate near a street in the Obalende neighborhood of Lagos, Nigeria, Aug. 20, 2022. (AP Photo/Sunday Alamba, File)
AnalysisBusinessEconomyElectricityInfrastructureLabourPoliticsSolarUtilities

Nigerians press for solar jobs and electricity, with little success

In Nigeria, solar ambitions falter due to government inaction, despite rising demand for clean energy and micro-solar solutions.

FILE PHOTO: VW employees attend an IG Metall union rally in front of Volkswagen headquarters, during a warning strike at the main factory of Germany's carmaker in Wolfsburg, December 9, 2024. Banner reads, "That's enough - We are ready to strike". Martin Meissner/Pool via REUTERS/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Marathon VW talks to resume in search for pre-Christmas deal with unions

Volkswagen and unions are in crunch talks over German operations cuts, aiming to avoid major strikes before Christmas.

A general view of a Volkswagen plant in Kassel, Germany, December 17, 2024. REUTERS/Fabian Bimmer
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW, unions likely to strike deal in small hours or break off till next year, source says

Volkswagen talks with labor leaders continue into a second day over proposed wage cuts and potential plant closures.

FILE PHOTO: A general view of Energy Powerwall Home Battery charging station in Brussels, Belgium October 18, 2023.  REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsRegulations

Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers raise petrol car prices while offering EV discounts to meet stricter emissions rules, facing profit challenges.

FILE - People arrive for the day at the COP29 U.N. Climate Summit, Nov. 19, 2024, in Baku, Azerbaijan. (AP Photo/Joshua A. Bickel, File)
AnalysisBiodiversityClimateClimate FinanceEmissionsPoliticsRegulationsUnited Nations

Can UN summits save the planet? A faltering year of talks brings up questions about the process

Global environmental talks are faltering, with recent UN negotiations failing to address climate change, pollution, and biodiversity loss.

FILE PHOTO: Workers clean Lamborghini cars on display at the Salon Prive, a three day automobile event which showcases both new and classic luxury and sports vehicles, at the Royal Chelsea Hospital in London, Britain, April 20, 2023. REUTERS/Toby Melville/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNews

Lamborghini delays first EV launch to 2029 as market not ready

Lamborghini plans to launch its first electric model in 2029, citing market readiness concerns, while Ferrari debuts its EV in 2025.

FILE PHOTO: Employees of Volkswagen AG march for higher wages during a 'warning strike' of Germany's IG Metall metalworkers' union, in Osnabrueck, Germany, November 6, 2024. The placard reads, “Jobs for all VW sites - there has never been more fight than now”. REUTERS/Teresa Kroeger/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

VW union calls for compromise in last-ditch talks before Christmas

Volkswagen's works council demands no plant closures as negotiations with management resume, amid threats of future strikes.