Daimler and Volkswagen are cutting working hours at some of their plants as the automakers continue to have a hard time due to the continued shortage of semiconductors. Daimler is …
Volkswagen
Articles related to German automaker Volkswagen.
Volkswagen expects semiconductor supplies to the auto sector to remain tight in coming months, the head of the automaker’s namesake brand said on Saturday. “I think the situation will remain …
Volkswagen has warned managers to get ready for a bigger production hit in the second quarter compared to the first one as the global chip shortage continues. “We are being …
- Volkswagen
Chip shortage is weighing on car sector recovery, says Volkswagen CEO
by SpeedLuxby SpeedLuxThe continued shortage of semiconductors is the only factor weighing on a worldwide recovery of the car sector from the coronavirus crisis, said Herbert Diess, the CEO of Volkswagen. Demand …
- Volkswagen
Volkswagen’ SEAT aims to build battery assembly plant in Barcelona
by SpeedLuxby SpeedLuxVolkswagen’s Spanish automaker SEAT aims to locate a battery assembly plant close to its Barcelona factory to support electric vehicle production there from 2025, providing it gets financial and other …
Volkswagen expects deliveries, earnings, and margins to recover strongly this year as the coronavirus pandemic eases, after nearly halving in profits in 2020 that was still better than the German …
Volkswagen’s supervisory board is due to talk about reorganization of the company’s management board on Thursday, two people knowledgeable with the matter said on Tuesday, as the automaker seeks to …
Volkswagen prepares to make British luxury automaker Bentley a subsidiary of its Audi division as it looks towards economies of scale among its top-end brands, German publication Automobilwoche reported. Bentley, …
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Volkswagen gauges interest in Ducati brand as a prelude to possible sale
by SpeedLuxby SpeedLuxVolkswagen is hosting initial talks with potential bidders for its Ducati brand to gauge potential interest in the motorcycle maker ahead of a November planning round, three people knowledgeable with the …
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Volkswagen reportedly in talks to sell Bugatti to Croatia’s Rimac
by SpeedLuxby SpeedLuxVolkswagen is in talks to sell its supercar brand Bugatti to Croatian businessman Mate Rimac, Manager Magazin said on Thursday citing individuals familiar with the talks. The sale to Mate …

