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FRANKFURT/BERLIN (Reuters) -Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as ...
The $3 billion joint venture between Volkswagen Group’s battery business PowerCo and Brussels-based Umicore aims to produce cathode material to power 2.2 million EVs by the end of the decade.
WOLFSBURG, Germany (Reuters) -Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it ...
Honda Cars Philippines Inc. (HCPI) was established in October 1990. Under the Philippine government's Car Development Program, production operations commenced in February 1992, in their Santa Rosa, Laguna plant. To date, HCPI is a team of over 600 associates, working with 38 dealers nationwide and about 60 parts and materials suppliers.
In 1948, GM returned and restored the Opel brand. Volkswagen is dominant in the popular market; it purchased Audi in 1964, which eventually led to the formation of today's Volkswagen Group. Volkswagen's most famous car was the small, beetle-shaped economical "people's car", with a rear-mounted, air-cooled engine.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2024, the Philippine economy is estimated to be at ₱26.55 trillion ($471.5 billion), making it the world's 32nd largest by nominal GDP and 13th largest in Asia according to the International Monetary Fund .
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90 ...
Business and economy A general strike by Belgian unions to protest against government plans for pension reform occurs, with the work stoppages severely disrupting public transport in Brussels as well as rail and air travel throughout the country.