Monday, 12 May 2025

Focus on Volkswagen Group

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

Jeep vehicles are displayed at the showroom of a car dealership in Milan, Italy, November 21, 2024. REUTERS/Alessandro Garofalo
AnalysisAutomotiveBusinessEconomyElectric Vehicles (EVs)IndustryManufacturingTrade

Seeking higher margins, Stellantis CEO Tavares lost some core customers

Stellantis faces rising prices and shrinking market share in Europe, where inflation-hit buyers seek affordable alternatives.

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

Nine Volkswagen plants on strike as worker rift with management deepens

Volkswagen workers strike at nine German plants over wage cuts and job threats, halting production amid automaker turmoil.

FILE PHOTO: A Volvo charging port for an EV at the Canadian International Auto Show in Toronto, Ontario, Canada February 15, 2024. REUTERS/Cole Burston/File Photo
AutomotiveElectric Vehicles (EVs)NewsPoliticsTradeTransport

Trump’s tariffs could cost carmakers up to 17% of combined core profits, S&P says

Analysts and experts fear the tariffs could be more damaging for European car makers.

FILE PHOTO: Volkswagen Taigun compact SUV car is on display after it was unvield at an event in New Delhi, India, February 3, 2020. Picture taken February 3, 2020. REUTERS/Anushree Fadnavis/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

Volkswagen India unit faces $1.4 billion tax evasion notice

Volkswagen shares fell as much as 2.13% on the Frankfurt stock exchange after Reuters reported the India tax notice.

Employees work on assembling vehicles at a plant of SAIC Volkswagen in Urumqi, Xinjiang Uighur Autonomous Region, China.
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsTrade

VW buckles after years of pressure to sell up in Xinjiang

Volkswagen announced it will extend its partnership with SAIC to 2040 while selling operations in Xinjiang.

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