Porsche SE to take up to $21 billion impairment on Volkswagen stake
Porsche SE, Volkswagen's top shareholder, on Friday warned it may write down the value of its stake in Europe's top carmaker by up to 20 billion euros ($21 billion), in the latest sign of how VW's cost crisis has shaken investor faith in the carmaker.
Volkswagen is struggling to satisfy workers on both sides of the Atalntic Ocean amid need for aggressive cost cuts.
The declaration of war on the VW workforce heralds a new era in social policy that affects more than just Volkswagen. Just as ...
Our 2025 forecast shows a 5.61% EBIT margin with significant restructuring efforts. See why we are bullish on Volkswagen's ...
Volkswagen’s troubles extend beyond its factories. The strikes come at a time of broader economic and political uncertainty ...
Volkswagen and IG Metall failed to reach an agreement, and negotiations over controversial cost-cutting measures will resume ...
Both sides said the latest round of negotiations had been constructive, but further talks would be needed to find a way ...
Volkswagen AG Chief Executive Officer Oliver Blume vowed to continue cutting costs as the German automaker charts a new ...
Volkswagen's Audi plant in Brussels will cease production by Feb. 28 next year, Belgian media cited an Audi spokesperson as ...
Workers at Europe's largest carmaker, Volkswagen, are set to launch rolling strikes at nine plants in Germany for the second ...
Motor Trend on MSN4d
More Buzz, Less Beetle in Volkswagen’s FutureAnother vehicle North America is waiting for is the Volkswagen ID7 midsize sedan, which was to come to the U.S. in 2024, but ...
Volkswagen turned the Golf wagon into a small-SUV alternative with the Alltrack by endowing it with standard all-wheel ...
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