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About 21.7 million new vehicles were sold in China last year, per the China Passenger Car Association figures, compared with about 15.6 million in the US and 10.5 million in Europe.
Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.
Volkswagen’s woes mirror Germany’s. Volkswagen encapsulates the negativity gripping Germany. The carmaker’s woes will ripple through the entire automotive industry, which is the country’s ...
In Zwickau, Volkswagen plowed more than $1.3 billion over the past five years into turning its combustion-engine factory into the company’s first pure-EV production facility—a top-to-bottom ...
The Volkswagen Passat (B9) is a mid-size car / large family car manufactured by Volkswagen since 2023, replacing the Passat B8 model, and the B9 is the ninth-generation model in the Volkswagen Passat series. It is available strictly as a 5-door estate, mainly for the European market, marketed as Estate or Variant.
Wolfsburg AG implements the AutoVision concept, which Volkswagen gave the city on the occasion of its 60th birthday. [3] It is a stock corporation (Aktiengesellschaft) under German law, in which the city of Wolfsburg and the Volkswagen Group have equal shares. Today, Wolfsburg AG is considered to be a prime example of economic development in ...
The Volkswagen Multivan (T7) is the seventh generation of the Volkswagen large van series. The Multivan is introduced as a large MPV riding on the front-wheel drive based MQB Evo platform which categorises vehicles such as the Audi A3 and the Volkswagen Caddy. [3] The Multivan offers a range of petrol, diesel, and plug-in hybrid models. [4]
Volkswagen struggles with German cuts. Volkswagen is seeking to trim costs in its domestic market, which contains by far the group’s biggest employee base, numbering nearly 300,000 at the end of ...
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