The Latest Breaking News from Volkswagen

In an interview with German newspaper Bild last month, Volkswagen CEO Oliver Blume was painfully honest about the automaker's delicate situation. He blamed "decades-long structural problems" for the lack of competitiveness, citing high labor costs as one of the main culprits. Massive layoffs, pay cuts, and even plant closures are looming…

Employees take action over plans to axe at least three plants in first domestic closures in company’s 87-year history

"Be fearful when others are greedy – and greedy when others are fearful." The famous words of US investment guru Warren Buffett aptly sum up the Qatari Investment Authority's reasons for taking a shareholding in Audi's Formula 1 team.

Audi boss Gernot Dollner insists the manufacturer’s commitment to Formula 1 is not threatened by the financial dramas faced by parent company the Volkswagen Group.

Critics advise the incoming Trump administration to pull the plug on “corporate-welfare loans handed out for political reasons.”

Volkswagen will leverage its partnership with Rivian to power its upcoming flagship electric vehicle, codenamed "Project Trinity."

The e-Golf you see here had to die so that the bulbous ID.3 could live. However, Volkswagen is preparing a switcheroo. It plans to delete the combustion engine from its most popular car once again. When that happens, the ID.3 is likely to be axed, as Kai Grünitz, the head…

Volkswagen's flagship EV, coined "Project Trinity," has been hyped up as the German brand's saving grace in a time when VW has gone from just a cool guy brand to one that is struggling to convince people to buy their vehicles. But, VW has also been kicking Trinity's can down the…

German giants including Bosch, Thyssenkrupp, and Deutsche Bahn have axed thousands of jobs this year.