Volkswagen may not close its factories in Germany after all
A new Bloomberg report cites that Volkswagen may in fact be working on a deal to keep its factories in Germany open.
Expand Expanding Close
A new Bloomberg report cites that Volkswagen may in fact be working on a deal to keep its factories in Germany open.
Expand Expanding Close
European automakers are reducing prices on EVs while raising prices on their ICE models, all in hopes of avoiding hefty fines as the European Union’s new emissions rules tighten at the beginning of 2025.
Expand Expanding Close
As Volkswagen is in turmoil on its home turf in Germany with massive labor strikes, the company looks to be relocating manufacturing of its ID. Buzz retro-style minivan EV out of the country.
Expand Expanding Close
The electric Porsche 718 lineup is set to launch next year, bidding farewell to the gas-powered 718 Cayman and 718 Boxster. But that plan has hit a major snag in the fallout over Swedish battery maker Northvolt filing for bankruptcy.
Expand Expanding Close
Volkswagen CEO Olivier Blume faced a huge booing crowd in Germany today, telling tens of thousands of workers that the company isn’t operating in “a fantasy world” and that plants will be closing and jobs will be lost. Here’s the latest.
Expand Expanding CloseThe Cybertruck may have come off the line strong, but it’s already burned through its million-plus reservation list and Tesla is starting to pull demand levers with discounts, leases, referrals, and more. Will it be enough to help spur sales? All this and major waves at VW and Stellantis on today’s thrilling episode of Quick Charge!
Expand Expanding Close
Thousands of workers at nine Volkswagen factories across Germany, including its EV-only factory, are going on strike this morning, bringing assembly lines to a grinding halt in the battle over the slashed pay, lost jobs, and the automaker’s future.
Despite several new EV models facing delays, Volkswagen’s cheapest model yet, the ID.2, is still on track to launch. The company confirmed the entry-level EV will launch as early as late 2025, marking a new “starting point” for the German auto giant.
Expand Expanding Close
Volkswagen Group Africa has officially begun production of a modern electric farm tractor at its multifunctional facility in Gashora, Rwanda in a bid to advance modern, low-emission agricultural initiatives in Africa.
Expand Expanding Close
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to accelerate the shift to electric vehicles.
Expand Expanding Close
Following the news of sweeping cuts at Volkswagen, Nissan, and Stellantis, now VW-owned Audi announced plans to slash its workforce by 15%, with thousands of jobs on the chopping block.
Expand Expanding Close
For the first time ever, Volkswagen plans to shut the doors to a facility on its home turf. The company plans to close not one but at least three plants in Germany as it faces mounting pressure from China. Volkswagen also warned mass layoffs and pay cuts are coming as it looks to cut costs.
Expand Expanding Close
Volkswagen’s flagship electric sedan, the ID. 7, will not launch in the US this year as expected. Even though EV sales are slipping in the US, the ID.7 will not arrive until at least 2025.
Expand Expanding Close
People are angry, cars aren’t selling, and now for the first time ever Volkswagen is likely to close one of its factories in Europe – the state-of-the-art Brussels plant that makes the Audi Q8 E-Tron.
Expand Expanding Close
Volkswagen is launching a new ID.3 model in China with an LFP battery pack as it looks to compete with lower-priced rivals. Chinese automakers like CATL and BYD dominate the LFP battery market, but VW hopes the new model can help spark sales in the world’s largest EV market.
Expand Expanding Close
Volkswagen of America and Electrify America today announced a three-year charging plan for the 2025 ID. Buzz.
Expand Expanding Close
The VW ID. Buzz is launching in the US around Thanksgiving, but if you want one, you might have to hunt it down, as Volkswagen has been a bit stingy in allocating the electric van to dealers.
Expand Expanding Close
After 40 years, Volkswagen is no longer building Polo models in Europe. VW has ended Polo production in Europe as it shifts focus to smaller, more affordable EVs.
Expand Expanding Close
China’s NIO (NIO) is considering buying Volkswagen’s Audi plant in Brussels. Volkswagen’s plant is at risk of being shut down, and NIO wants to take advantage as the market shifts to EVs.
Expand Expanding Close
Volkswagen plans to temporarily halt ID.4 production at its Chattanooga, TN, plant following a nationwide recall involving nearly 100,000 models. According to a VW statement, roughly 200 workers will be furloughed at the plant.
Expand Expanding Close
Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s biggest market, domestic EV makers, like BYD, are squeezing out the competition.
Expand Expanding Close
The legendary Volkswagen FIRE+ICE brand has entered the electric era. Volkswagen’s new ID.3 GTX FIRE+ICE is a tribute to the exclusive Golf Fire and ICE with a reinterpretation of the iconic 90s design.
Expand Expanding Close
China’s leading EV maker, BYD, is making big moves to gain a foothold in Europe. BYD’s latest deal could spell big trouble for Volkswagen in Germany.
Expand Expanding Close
The Volkswagen GTI badge will live on in the electric era. Volkswagen’s first electric ID GTI “will be a real go kart” to drive with elements from the legends.
Expand Expanding Close