VOW3 Volkswagen AG

The German automaker has been working on a broad cost-cutting plan throughout 2025 and 2026 following an agreement with its powerful unions that included 50,000 job cuts in Germany by 2030 and billions of euros a year in cost savings.

The court dismissed appeals from hedge funds seeking damages from the company’s failed takeover bid for Volkswagen in 2008.

Investing.com -- Munich-based carmaker BMW is targeting an automotive margin of 3% to 5% by 2028 in a recovery plan that follows a June profit warning linked to weakness in China.

Mobility provider Bolt cited Lucid’s “world-class platform,” but the two companies will co-design the vehicle and software.

QuantumScape Plunges to 52-Week Low as Investors Focus on 2029 Production Goal

VWAGY is expanding LFP battery production in Europe with Gotion, investing across Spain, Slovakia and Morocco to strengthen its battery supply chain.

Gotion is expected to invest about €1.59bn, while PowerCo – Volkswagen’s battery manufacturing subsidiary – will contribute approximately €1.62bn.

The German car giant Volkswagen is preparing to disclose a massive hit from the City watchdog's £9bn motor finance redress scheme, months after it joined a group of rivals in mounting a legal challenge to its implementation. Sky News has learnt that VW Financial Services has filed accounts at Companies House which are expected to show that it has set aside hundreds of millions of pounds to compensate motorists who were mis-sold products over a period lasting years. The accounts, which are expected to become public later this week, will provide the first indication of the size of the financial hit that VW - owner of Audi, Seat and Skoda - faces from the scandal.

The aim is to cut vehicle weight and improve performance using LG Chem's acrylonitrile butadiene styrene (ABS) and engineering plastics (EP).

Volkswagen (XTRA:VOW3) and Audi are recalling more than 2.8 million vehicles worldwide over a potentially faulty steering gear screw connection. The recall affects multiple model years and regions, with Volkswagen notifying safety regulators and beginning to contact affected owners. Technicians are expected to inspect and, if needed, replace the steering gear screw connection to reduce the risk of steering issues. This large scale steering gear recall sits alongside the rest of our...

The German carmakers are to recall the vehicles because of a potentially faulty screw connection on the steering gear.

The two companies agreed a preliminary joint venture structure and other commercial terms earlier this month.

The facility has an annual production capacity of 100 GWh, targeting leading European OEMs.

Factorial Energy Inc.(Nasdaq: FAC) (“Factorial” or the “Company”), a global leader in next-generation solid-state battery technology, today announced it has signed a Memorandum of Understanding (MOU) with SK On Co., Ltd. (“SK On”), a leading global battery manufacturer. This partnership brings together Factorial’s advanced cell technology and scale-up expertise with SK On’s extensive global manufacturing network and pilot capabilities. A key objective of this collaboration is to assess whether and how SK On’s world-class manufacturing footprint and existing lithium-ion battery manufacturing infrastructure could support future development of solid-state battery technologies.

BERLIN, Sept 25 (Reuters) - Volkswagen CEO Oliver Blume may have got the green light from stakeholders for his turnaround plan, but he faces tough talks in ‌Germany over job cuts and plant closures as well as fundamental questions over the automaker's US ‌strategy. Here is a guide to what is coming up next.

The European stock markets closed lower in Thursday trading as bond yields and oil prices surged whi

The development follows the European Commission’s 2018 decision to fine certain shipping companies for fixing prices for the transport of vehicles.

BEIJING, Sept 24 (Reuters) - Volkswagen launched presales of its second model jointly developed with EV maker Xpeng in China on Thursday, expanding its electric vehicle offensive to catch up with

Bentley launched its first electric vehicle, the latest test of demand for the technology among the world’s richest consumers. The storied British car brand, which is owned by Volkswagen unveiled the sport-utility vehicle at an event in London on Wednesday. The model is called the Torcal after a Spanish mountain range.

Ahead of President Trump's meeting with China's Xi Jinping this week, US auto groups signaled their concerns about growing competition from Chinese automakers in a new letter to the administration. The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian examine automakers' worries of Chinese competition penetrating into the US market.

Volkswagen flags EUR 10 billion in 2026 charges, driven by Porsche weakness, China challenges and restructuring as its profit outlook sharply falls.