VW to build its own AI chips in China in autonomous driving push
By Johannes Neudecker, dpa. Shanghai (dpa) – In the race to develop autonomous driving technology, German automotive giant Volkswagen is taking a significant step by developing its own artificial intelligence [..]
Volkswagen to invest up to €1bn in AI as carmaker seeks to cut costs
Munich (dpa) – German carmaker Volkswagen is planning to streamline production and cut costs by investing up to €1 billion ($1.175 billion) in artificial intelligence by 2030, the firm said [..]
Volkswagen vying for top spot in Europe’s entry-level e-car sector
Munich (dpa) – Ailing German carmarker Volkswagen is hoping that four newly unveiled entry-level electric models will help it achieve a market share of 20% in the sector in Europe, [..]
Volkswagen to supply thousands of autonomous EVs for Uber rides in US
German carmaker Volkswagen and Uber have agreed on a strategic partnership, with the automaker set to supply thousands of autonomous electric vehicles over the next 10 years for Uber rides [..]
Germany’s Volkswagen hit by US tariffs, EU rules in first quarter
By Frank Johannsen, dpa and Stefan Heider, dpa-AFX. Volkswagen reported a drop in preliminary first-quarter profit on Wednesday, with operating earnings falling to €2.8 billion ($3.1 billion) from €4.6 billion [..]
Volkswagen delays profitability target for core brand by three years
By Frank Johannsen, dpa. German car manufacturer Volkswagen announced on Thursday that it is extending the timeline for achieving its planned cost reductions for its core brand. The target of [..]
With the ID. EVERY1, Volkswagen is providing a preview of an entry-level electric model
Since the Beetle, Volkswagen has been enabling affordable mobility for millions of people with compact and likeable cars. With the ID. EVERY1 concept car, the German car manufacturer is now [..]
Volkswagen plans to expand involvement in European wind, solar parks
Wolfsburg, Germany (dpa) – Despite the slowdown in demand for electric vehicles, German auto giant Volkswagen said on Thursday that it continues to invest in wind and solar power parks [..]
Volkswagen owner Porsche SE expects billions of euros in write-downs
Volkswagen holding company Porsche SE will probably have to write down billions of euros on its investments in VW and the sports car manufacturer Porsche AG. Volkswagen holding company Porsche [..]
German carmaker VW to sell plant in China’s Nanjing
Germany’s Volkswagen Group is planning to sell its plant in the Chinese city of Nanjing to the north-west of Shanghai, the German business weekly Wirtschaftswoche reported on Saturday. Citing company [..]
German auto giant Volkswagen braces for strikes called for Monday
The IG Metall trade union has called for widespread labour strikes at all Volkswagen plants in Germany from Monday as workers at the company fight back against possible lay-offs and [..]
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