The director of Volkswagen’s American business says he will be responsible for cleaning up after the automaker’s awkward marketing prank this week. Scott Keogh, the CEO of Volkswagen Group of America, took …
Read More »This ‘EV’ stock has gained 70% in one month. It is not Tesla.
Text size Volkswagen now aims for around 50% of total sales by 2030 to come from fully electric vehicles. Jens Schlueter / Getty Images The radical change in what investors think Volkswagen …
Read More »GM is shipping full-size trucks with worse fuel economy
Photo: Chevrolet The morning shiftAll your daily car news in one convenient place. Isn’t it your most important time? The parts shortage means GM is shipping full-size trucks with a missing fuel …
Read More »Volkswagen comes after Tesla. What does it mean for both actions.
Text size The charging point of a Volkswagen electric car. Liesa Johannssen-Koppitz / Bloomberg Volkswagen wants to be the world leader in electric vehicles. Not satisfied playing Pepsi with Tesla Coca Cola. …
Read More »Tesla faces a race with Volkswagen as the German car giant targets battery costs and new gigafactories
The race to dominate the electric vehicle industry may get tighter as Volkswagen, the German car giant and Tesla’s looming rival, unveiled plans Monday to lower the cost of batteries and operate …
Read More »VW cuts thousands of jobs through early retirement: report
Volkswagen plans to cut up to 4,000 jobs from its plant in Germany by offering partial retirement to its older employees, sources close to the matter told Reuters. Sources reportedly said positions …
Read More »VW to cut up to 4,000 jobs through early retirement, sources say
FILE PHOTO: A Volkswagen logo is seen at a completion event for the SAIC Volkswagen MEB electric vehicle plant in Shanghai, China on November 8, 2019. REUTERS / Aly Song BERLIN (Reuters) …
Read More »Tesla faces stiff competition in burgeoning electric vehicle market
After years of absolute dominance, signs are now emerging that the more popular EV name could be losing its hold on the markets. Morgan Stanley just reported that Tesla Inc.’s (NASDAQ: TSLA) …
Read More »VW’s Project Trinity Comes Directly for the Tesla Model 3
Photo: Vw Volkswagen has announced a new electric sedan that priced and equipped to compete with electric vehicles such as the Tesla Model 3, or something maybe a little bigger. TThe development …
Read More »Jaguar Land Rover is reducing capacity by 25 percent
Photo: BEN STANSALL / AFP (fake images) Jaguar Land Rover will reduce a quarter of its production over the next five years, Automotive news reports. The news has come through an investor …
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