Tag
volkswagen
3 articles
China's Gotion invests $1.25 billion in Volkswagen's Spanish battery plant
Gotion High-tech will become a major shareholder in Volkswagen's Valencia facility as part of a three-plant European joint venture strategy
Volkswagen's 2026 Margin Collapses to 1% as China Market Shrinks 20%
Volkswagen cut its operating margin forecast to 1 percent from 4 percent, citing €10 billion in charges including a €6 billion Porsche writedown and steep declines in its largest market outside Europe.
Volkswagen Board Approves Restructuring Plan, Eyes 50,000 Job Cuts
The supervisory board approved a transformation plan that could cut an additional 50,000 jobs, marking the automaker's most extensive restructuring in 89 years.