[ad_1] Berlin — Volkswagen’s original brand is “no longer competitive,” the company’s brand chief warned Monday, owing to high costs and low productivity. “With many of our pre-existing structures, processes…
Tag: Volkswagen
VW struggling with S.Africa costs as group targets savings – executive – ET Auto
[ad_1] The German automaker has been in South Africa for nearly 80 years. Factors like competitive labour costs once placed it among the company’s higher-ranking bases globally, VW brand chief…
Trudeau, Eby announce $1-billion battery plant in Maple Ridge, B.C. – The Globe and Mail
[ad_1] Images are unavailable offline. Prime Minister Justin Trudeau gestures while British Columbia Premier David Eby talks to Nelson Chang, Chairman of TCC Group, during a visit to E-One Moli…
Trudeau, Eby announce $1-billion battery plant in Maple Ridge, B.C.
[ad_1] Open this photo in gallery: Prime Minister Justin Trudeau gestures while British Columbia Premier David Eby talks to Nelson Chang, Chairman of TCC Group, during a visit to E-One…
EV Makers Turn to Discounts to Combat Waning Demand
[ad_1] Buyers looking to get a bargain on a new car might want to consider an electric vehicle. As sales growth has slowed for battery-powered models, automakers and dealers are slashing prices…
Volkswagen plans job cuts, further launch delays at software unit -manager magazin
[ad_1] Volkswagen logo is pictured at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights BERLIN, Oct…
Germany’s Volkswagen shares tumble after margin downgrade
[ad_1] The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir/File Photo…
Jeep Maker Stellantis Bets on a Chinese EV Startup, but Is It the Right One?
[ad_1] Oct. 26, 2023 11:41 am ET Buying into a Chinese automaker sounds like a great answer to the challenge of making cheaper electric vehicles. If only it were easier…
Electric car warning for South Africa
[ad_1] South Africa’s car manufacturing industry is at risk of being overtaken by countries like Ethiopia and Egypt due to the lack of an electric vehicle (EV) policy in the…