Volkswagen
Europe’s top carmakers urge simple ‘Made in Europe’ rules
In a joint letter, they are calling for 70% of vehicles sold in EU to source 70% of their value from within the bloc
China car sales downturn extends into May as Volkswagen tests EV revamp
Exports grow 75.1% but the increase isn’t enough to counter the domestic slump
Global carmakers desperately want to become more Chinese
But partnering local companies carries big risks
Volkswagen’s Q1 profit drop spurs further cost-cutting measures
The figure is down by an unexpected 14% to 2.5 billion euros
VW cuts China sales targets and margins
The downgrade reflects slower structural growth in the world’s largest car market
Volkswagen stung by tariffs, China battle as profit halves
Its operating profit of 8.9 billion euros misses analysts’ forecast of 9.4 billion euros
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations
Volkswagen drops to third in China sales as fast-growing Geely Auto pips it
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs
Volkswagen budget cuts force battery unit to seek external funds
PowerCo is considering bank loans, external investors and a potential public offering
