The Latest Breaking News from Volkswagen

Also on Critical Materials: More on the German auto industry's "multiple challenges," and South Korea forces EV makers to name names.

Chief Finance and Operating Officer Arno Antlitz painted a dire picture of VW Group's future during a meeting with workers in Germany.

Today on Critical Materials: VW puts a clock on getting their ship in order, BYD pauses its Mexico plans and Ultium workers in Tennessee join the UAW.

“We simply have to tell our fellow citizens that we have to do more again,” Deutsche Bank’s Christian Sewing said.

Plan to cut German factories is politically fraught but makes sense economically given Chinese competition, falling demand and CO2 rules

BYD outsold everyone except for Volkswagen and Toyota this July. But they're still only in eighth place for the year.

Volkswagen's management went head to head with some 25,000 employees as leaders defended planned cost cuts that include possible plant closures in Germany and the end to a long-running job protection scheme. Unions say the threat is tantamount to a "declaration of bankruptcy". Also in this edition, China rolled out…

VW releases ChatGPT-powered voice assistant for most models.

Volkswagen executives defended plans to consider the unprecedentedclosure of factories in Germany during a heated meeting Wednesday with thousands of staff, saying falling sales had hit it hard.

Former Volkswagen CEO Martin Winterkorn said Wednesday the charges against him were "implausible" as he testified at his trial over the "dieselgate" scandal that rocked the German auto titan.

Carmaker defends plan to close German plants as Volvo ditches target to sell only electric cars by 2030