Sensitive information of 800,000 VW Group vehicle owners was found to be easily accessible online. EVs from VW, Audi, Seat, and Skoda were affected in Germany, Europe, and other parts of the world.

Deal sees job cuts and capacity reductions Unions hail deal that will keep factories open Latest round of talks has been ongoing since Monday VW seeks to cut costs as European market shrinks ...

Volkswagen AG and labor leaders are moving closer to an agreement to restructure the automaker’s namesake brand without shuttering factories in Germany, according to people familiar with the matter.

Around 4,000 VW managers will give up bonuses equal to about 10% of their annual income next year and in 2026, with smaller reductions through the end of the decade, Sueddeutsche Zeitung reported ...

Both have stuck to their red lines, with unions opposed to any plant closures, while VW does not rule them out, citing a shrinking European market and the need to cut overcapacity. Germany's most ...

After buying the car, it’s sat in a service repair shop for over seven months. The dealer claims that VW itself hasn’t supplied the tools needed to change the gearbox. From an observer’s ...

Additional cost-cutting measures discussed include moving production of the Golf hatchback from Germany’s Wolfsburg factory to Mexico, and ending production of VW-branded electric vehicles in ...

Porsche is VW’s largest shareholder. It owns 32% of VW’s stock and has 53% of its voting rights. Porsche will take a $21 billion hit because of its ownership of Volkswagen. Porsche blamed the ...

© 2024 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and ...

VW, which also owns brands including Audi, Seat and Skoda, said in September it was considering closing factories in Germany for the first time in its 87-year history as it struggled with the ...

Photo: Astra Volkswagen specified that Linglong China supplies a 19-inch tyre first used on the VW Tiguan and Cupra Terramar models this year and manufactured “exclusively” in China.