# Volkswagen

Latest news and articles about Volkswagen

Total: 3 articles found

Black hatchback car speeding on a forest highway, showcasing modern design and motion.
Business

Volkswagen Cuts One-Third of Executives and Reorganises Factories as China EV Shock Hurts Profits

Volkswagen is cutting a third of executives in its core brand cluster and consolidating factories into five production regions as part of a drive to save €1 billion by 2030. The measures respond to a sharp sales slowdown in China, steep declines in local EV volumes and tariff pressures in North America that have eroded profits and forced tougher restructuring.

NeTe2026年1月31日 07:20
#Volkswagen#China#electric vehicles
Classic Citroen car parked on a street in Jönköping, Sweden. Black and white photo.
Business

Toyota Extends Lead as Global No.1; Volkswagen Stumbles and Chinese Brands Surge

Toyota retained the world sales crown in 2025 with more than 11.3 million vehicles, extending a lead of about 2.3 million units over Volkswagen Group. Toyota’s growth, steady China performance and hybrid strength contrast with Volkswagen’s China slump and management restructuring, while BYD and Geely’s rapid rises signal a reordering of the global auto landscape.

NeTe2026年1月29日 09:20
#Toyota#Volkswagen#BYD
Close-up of an electric vehicle being charged using a Mennekes EV connector.
Business

Germany Relaunches EV Purchase Subsidy — Up to €6,000 to Reboot Electric Car Sales and Shield Auto Industry

Germany has reintroduced a tiered EV purchase subsidy offering €1,500–€6,000 per private buyer for new registrations from 1 January 2026, backed by €3 billion over three years and intended to support up to 800,000 vehicles. The measure aims to revive household demand, protect domestic automakers amid international competition, and accelerate the country’s shift to electric mobility, though it poses fiscal, regulatory and infrastructure challenges.

NeTe2026年1月19日 15:40
#Germany#electric vehicles#EV subsidy