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VW's top shareholder Porsche SE to write down up to 20 billion euros on investment

Porsche SE expects to write down €7-20 billion on its Volkswagen investment due to cost crisis, with predictions for future losses and a dividend distribution planned.

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Volkswagen's board leaning away from closing big plants in Germany, media report says

Volkswagen's supervisory board is reconsidering large plant closures in Germany amid cost concerns, balancing shareholder opinions, while negotiations with unions continue without resolution.

• VOWG_p

VW offers 14% wage hike over four years to Tennessee factory workers

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Volkswagen, unions must find new solutions for German plants, company says

Volkswagen's chief negotiator emphasizes the need for alternative solutions in negotiations after rejecting union proposals, focusing on cost reduction and overcapacity management.

• VOWG_p

VW, workers clash in latest round of talks over factory shutdowns

Volkswagen faces strikes and negotiations over wage cuts and potential plant closures amid competition from cheaper Asian car manufacturers, reflecting a tense labor dispute.

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• F
• GM
• HMC
• STLA
• TSLA
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BYD on track to top 2024 sales goal and outsell Ford, Honda

BYD is expected to surpass global competitors Ford and Honda in EV sales, with strong growth and market share gains in China amid a tough automotive landscape.

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Volkswagen plant closures 'not the right way', Germany's Scholz says

Chancellor Scholz opposes Volkswagen's potential factory shutdowns, stressing the company's responsibility to its employees amid ongoing pay cut and plant closure negotiations.

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• RENA
• STLAM
• TSLA
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European auto industry faces 'perfect storm' amid slower EV adoption, Bernstein

The European auto industry faces significant challenges, including slowing BEV adoption, competitive pressures, and regulatory changes impacting sales and profitability.

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• MBGAF
• PIRC
• STLA
• VLOF
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5 key car stocks to buy or avoid for 2025: BofA

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Brazil charges Volkswagen unit with treating farm workers like slaves decades ago

Brazilian labor prosecutors charged Volkswagen with slavery-like conditions on a farm from 1974-1986, seeking $27.5 million in damages after failed settlement talks.