Saturday, 22 February 2025

Focus on Volkswagen Group

FILE PHOTO: A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018.  REUTERS/Heather Somerville/File photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsTrade

GM to exit Cruise robotaxi business

Automaker General Motors said on Tuesday its majority-owned Cruise business will drop the development of robotaxis.

Government subsidies have been important in Germany and elsewhere in helping consumers make the switch to electric vehicles (AFP)
BusinessEconomyElectric Vehicles (EVs)IndustryManufacturingNewsPolitics

Germany’s Scholz calls for Europe EV subsidy plan

Germany's Chancellor Olaf Scholz calls for a European EV subsidy to aid automakers facing stagnation, costs, and competition.

A view of new cars parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Bart Biesemans/ File Photo
AutomotiveBiofuelsElectric Vehicles (EVs)EmissionsNewsPolitics

EU’s largest political group pushes to weaken combustion engine ban

The European People's Party is campaigning to weaken the EU's key policies on reducing car CO2 emissions.

Volkswagen and unions have been locked in bitter talks since the company said in September it was considering closing factories in Germany for the first time in its history (AFP)
AutomotiveBusinessEconomyElectric Vehicles (EVs)LabourNews

German VW workers kick off second round of strikes

Volkswagen workers strike for 4 hours, opposing plans to close 3 German plants. Talks with unions stall as savings proposals clash.

A BYD YangWang U8 is displayed on media day at the 2024 Paris Auto Show in Paris, France, October 14, 2024. REUTERS/Benoit Tessier/File Photo
BusinessEconomyElectric Vehicles (EVs)News

BYD on track to top 2024 sales goal and outsell Ford, Honda

BYD gains market share in China's fast-growing auto market, poised to exceed 4M annual sales, surpassing Ford and Honda in 2024.

FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown, File)
BusinessClimateCourtsEmissionsEnvironmentLegislationNewsPoliticsRegulationsReports

EPA hails ‘revitalized’ enforcement efforts as Biden administration heads to exit

EPA enforcement in 2024 cut 225M pounds of pollution, targeted overburdened communities, and set record fines for violations.

FILE PHOTO: Visitors check a Polestar 1 hybrid vehicle displayed during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsPoliticsTradeTransport

Analysis: China automakers pivot to hybrids for Europe to counter EV tariffs

The bloc's latest EV tariffs to protect its auto industry from a flood of cheap Chinese imports do not apply to hybrid cars.

A Volkswagen logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo
AutomotiveElectric Vehicles (EVs)News

Volkswagen recalls more than 4,600 vehicles in US over battery overheating concerns

The recall affects plug-in hybrids and is due to concerns over overheating high-voltage batteries, raising fire risks.

Workers of Europe's largest carmaker Volkswagen AG gather during pay-rise protests on the grounds of VW’s main plant in Wolfsburg, Germany, December 2, 2024.   Julian Stratenschulte/Pool via REUTERS
AutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryLabourManufacturingNews

Union says nearly 100,000 workers joined Volkswagen strikes across Germany

Volkswagen workers protest site closures and wage cuts, with 98,650 joining strikes as union warns of more action.

An image of workers protesting outside a VW building.
AutomotiveBusinessElectric Vehicles (EVs)ManufacturingNewsTrade

From China woes to EV troubles, VW faces rocky road

Chinese EV makers like BYD thrive with tech-packed models, while VW struggles with its electric transition.

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