The supervisory board of Volkswagen will hold a remarkable conference on Friday, November 4, to speak with on an extensive restructuring of the automaker, two supervisory board sources informed Reuters. …
Handelsblatt
Audi will end its participation in the prominent Le Mans sports car race next year after nearly 2 decades to concentrate on racing electrical automobiles, representing a shift in technique …
- Volkswagen
Volkswagen shall cut 2,500 jobs per year through early retirements, says labor boss
by SpeedLuxby SpeedLuxVolkswagen shall cut up to 2,500 jobs annually over 10 years by moving employees into early retirement, Handelsblatt reported, pointing out Bernd Osterloh, chief of the automaker’s influential works council. …
- Volkswagen
Volkswagen to bring EVs, ride-sharing, and stop making 40 car models in coming years
by SpeedLuxby SpeedLuxVolkswagen is going to stop producing over 40 car models in the coming years as part of a new plan made by the automaker. Volkswagen stated it will invest billions …
Handelsblatt reports that BMW and Daimler have stopped talks with Apple over a potential automotive collaboration. Things fell apart, in 2015 for BMW, more recently with Daimler, over questions of …

