Tag: VW

Battery maker Northvolt gets $14 billion order as Volkswagen raises ownership

By Reuters Staff 2 Min Read FILE PHOTO: Northvolt logo is pictured in the Northvolt office in Stockholm, Sweden June 14, 2018. REUTERS/Esha Vaish STOCKHOLM (Reuters) – Northvolt said on Monday it had won an order worth more than $14 billion over 10 years from Germany’s Volkswagen, which increases its stake in the Swedish lithium-ion… Continue reading Battery maker Northvolt gets $14 billion order as Volkswagen raises ownership

Volkswagen to switch EV battery type, leaving supply deals in doubt: sources

By Heekyong Yang 2 Min Read Slideshow ( 2 images ) SEOUL (Reuters) – Volkswagen plans to gradually switch the type of battery used in its electric vehicles, three sources with knowledge of the matter said on Monday, moving away from the technology supplied under current deals with South Korea’s LG Energy Solution and SK… Continue reading Volkswagen to switch EV battery type, leaving supply deals in doubt: sources

German Manager Magazin: Volkswagen AG: Herbert Diess and works council agree on further job cuts000645

Volkswagen has agreed on further steps to cut jobs with the works council of the car manufacturer. Accordingly, existing offers for partial retirement will now also be opened for those born in 1964. In addition, new offers for early retirement are to be presented to those born between 1956 and 1960. Volkswagen announced this on… Continue reading German Manager Magazin: Volkswagen AG: Herbert Diess and works council agree on further job cuts000645

VW to cut up to 4,000 jobs via early retirement, sources say

By Reuters Staff 2 Min Read FILE PHOTO: A Volkswagen logo is seen at a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China November 8, 2019. REUTERS/Aly Song BERLIN (Reuters) – Carmaker Volkswagen plans to cut up to 4,000 jobs at its plants in Germany by offering early or partial… Continue reading VW to cut up to 4,000 jobs via early retirement, sources say

German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546

Volkswagen saves on staff Vehicle production at Volkswagen in Wolfsburg: Jobs are also to be cut in production. (Photo: dpa) Düsseldorf Volkswagen produces too expensive; the fixed costs are far too high compared to the competition. The Wolfsburg-based car manufacturer has to regularly listen to this accusation on the stock exchange and by investors. VW… Continue reading German Handelsblatt: Automotive industry: Volkswagen depresses fixed costs: Up to 5000 jobs are to be cut 001546

Auto industry urges emissions deal weaker than Obama’s

Washington – A coalition of automakers has told the Biden administration it would agree to raise mileage standards to reduce tailpipe emissions but with tradeoffs and at rates lower than those brokered by California with five other car manufacturers. If agreed to, the proposal could give President Joe Biden a quick win by securing cuts… Continue reading Auto industry urges emissions deal weaker than Obama’s

@VW Group: Digital sales: Audi significantly improves its customer experience002602

A personalized website, improved myAudi app features and additional consulting options: AUGI AG is making significant progress in the digitization of its sales. Audi wants to enable interested parties and customers to have a seamless, emotional, and simple brand experience – both online and offline, and across all points of contact. “Up-close, emotional brand experiences.… Continue reading @VW Group: Digital sales: Audi significantly improves its customer experience002602