German automaker Audi and electric power company EnBW are setting up an electric car battery operation at EnBW’s Heilbronn plant to make scaleable storage facilities by the end of 2020,
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Markus Duesmann, the head of Audi, is going to also head the research and development division at Volkswagen’s premium brand, two sources informed Reuters on Thursday. Hans-Joachim Rothenpieler, Audi’s current
Volkswagen will pay a 48% premium to buy out the small shareholders of premium division Audi, the premium division said on Tuesday. Volkswagen, which already holds 99.64% of Audi, declared
Hungary is ready to provide financial support to German automaker Audi to help its manufacturing plant in the country run at full operating capacity, Prime Minister Viktor Orban said on
Puebla, a state in Mexico state, said it is not ready to reopen its automotive sector because of the ongoing increase of the coronavirus. Volkswagen and it’s luxury brand unit
Audi will gradually resume production at its plants in Europe in the coming weeks, the automaker said in a press release. The company temporarily halted production at its European sites in
German automaker Audi AG stated on Wednesday that it will suspend production at its plant in Mexico’s Puebla state. The suspension will be in force from March 23 through April
Volkswagen Group’s Audi brand will stop output at its plant located in Hungary on Monday, the factory stated, following Volkswagen’s announcement of a suspension of production at plants in Italy,
Audi on Tuesday announced a significant restructuring scheme, cutting around 9,500 jobs until 2025 in an effort to embrace production to the e-mobility era and gain billion-euro cost savings. “The
Volkswagen’s premium unit Audi intends to cut thousands of jobs to fund a costly shift to electric vehicles, but talks with powerful labor spokespersons have hit a logjam, two sources
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