For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers, according to details disclosed by company sources.
With sales down across multiple models, Audi faces a challenging road ahead. Here's a closer look at the troubling numbers.
Future production plans for carmaker Volkswagen's factory in the eastern German city of Zwickau remain in doubt, even after labour concessions in a new collective bargaining deal averted threatened plant closures.
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Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.
Tesla's global auto sales topped Audi's for the first time. The Volkswagen-owned Audi delivered 1.67 million cars in 2024 compared to the 1.77 million delivered by Tesla (TSLA). Audi blames a more challenging economic environment and increased competition for the decline in sales.
Al Nabooda Automobiles, the official importer of Audi in Dubai and the Northern Emirates, announced Jan Scheidgen as its new General Manager. With over two decades of international leadership in the automotive industry,
Volkswagen AG’s deliveries declined last year as weak electric-vehicle demand and intense competition in the key Chinese market dragged on sales.
Tesla surpassed Audi in global vehicle sales for the first time in 2024, with 1.79 million deliveries compared to Audi's 1.67 million. Audi faced inte
Volkswagen AG’s Audi sold 1.67 million vehicles in 2024, down 12% from a year earlier. Its struggle with intensifying competition in Europe and China and weak demand for its electric models dropped the brand behind Elon Musk’s Tesla,
The company kickstarted development of China Electronic Architecture (CEA), a joint project of Volkswagen China Technology Company, Volkswagen's software unit CARIAD and XPENG. The CEA will develop a highly modern and cost-efficient electrical architecture that will be used in their vehicles from 2026.
Volkswagen AG, the German parent of brands including Audi, Skoda and Porsche delivered 9.03 million vehicles globally in 2024, 2.3% fewer than in 2023.