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...They worked quicker and work was of a higher quality....
...Volkswagen and Chinese start-up Xpeng have sealed an agreement on jointly developing two electric vehicles, offering new details of a partnership aimed at securing footing amid cut-throat competition in...
...Volkswagen lost the crown as the world’s largest carmaker by sales to Toyota in 2016 in the wake of its diesel emissions scandal....
...At the time, the UAW faced fierce opposition from elected officials, local business leaders and a group of anti-UAW employees funded by anti-union interest groups, said Harry Katz, a professor of collective...
...“Volkswagen Group China’s e-offensive is taking effect,” said VW’s China head Ralf Brandstätter....
...The Wolfsburg-based group was one of the first western companies to enter China in the late 1970s and makes roughly half of its profits in the country....
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...China has been accused of widespread human rights abuses against Uyghur and other Muslim groups in the region....
...These should convert to deliveries in the second half of 2024. Volkswagen reported a 154 per cent year-on-year increase in its BEV order book in Europe in the first quarter....
...Total hybrid sales of about 1.2mn cars matched EV sales figures. For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth....
...Volkswagen Group said its deliveries of battery electric vehicles to Europe in the first three months of this year fell by a quarter compared with the same period in 2023, compounding the challenge facing...
...This article has been amended to correct Volkswagen Group’s number of employees...
...By contrast in Europe, Oliver Blume, chief executive of Volkswagen, was awarded a €8.7mn pay package for 2023....
...Activist investor Sparta Capital Management is calling on London-listed engineer Wood Group to consider a US listing to address the “continued underperformance of its shares”....
...“Ever since the diesel scandal, the flaws [in Volkswagen’s governance] have become clearly evident,” said Bert Flossbach, co-founder of Flossbach von Storch, which has €70bn of assets under management and...
...One of the most popular Rolls-Royce features is a night sky scene of tiny dimmable fibre optic lights installed in the roof of the car, allowing chauffeur-driven stargazing....
...Volkswagen has cut its full-year profit guidance after announcing losses of €2.5bn because of negative effects from raw material hedging....
...The German group’s 11 per cent pay increase means three-quarters of non-unionised US car plants owned by traditional car brands have now raised wages since the deal, a pattern the union is calling “the UAW...
...Volkswagen has said that an audit of its plant in Xinjiang, the region of China at the centre of accusations of human rights abuses, has found no indications of the use of forced labour....
...The EU imports large amounts of solar panels from the region and Volkswagen operates a car assembly plant there....
...BYD has slashed prices of almost every model in its line-up since the start of 2024, as the group vowed to win battles both with EV upstarts and with traditional brands such as Toyota and Volkswagen....
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...In another example, Shenzhen-based Appotronics, which provides laser projectors for nearly half of China’s cinemas, will supply BMW with laser technology for some of the German group’s latest in-car displays...
...“Volkswagen needs China to sell its cars, but China has its own carmakers by now,” Werning said, highlighting how the Wolfsburg-based group relies on the country for roughly half of its profits....
...Volkswagen is reviewing the fate of the VW Polo car in Europe before the end of the decade as emissions regulations start to push up the cost of producing petrol-engine cars....
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