The Business Times

Volkswagen

ASEAN Business
CHINA CARS

Who leads in China’s carmaker race?

A VW logo on the trunk of an ID.Polo on display at the International Motor Show Germany IAA Mobility 2025 in Munich.
Transport & Logistics

VW unveils affordable EVs to take on Chinese rivals

A person wipes a Volkswagen Golf GTI during the New York International Auto Show Press Preview in New York City, U.S., April 16, 2025. REUTERS/Jeenah Moon
Transport & Logistics

VW cuts outlook after US tariffs added 1.3 billion euros in costs

Volkswagen has achieved over half of its 35,000 headcount reduction target without resorting to compulsory layoffs.
Transport & Logistics

Volkswagen says 20,000 workers agree to early exits

Volkswagen – a 10-brand group which also includes Audi, Porsche, Seat and Skoda – sold just over one million vehicles in North America last year, 12% of its sales by volume.
Transport & Logistics

Volkswagen floats making Audis in US to swerve Trump tariffs

Volkswagen, Europe’s largest auto manufacturer, said its operating profit in the first three months of 2025 fell to 2.8 billion euros (S$4.2 billion) from 4.6 billion euros in the same period last year.
Companies & Markets

Volkswagen says first-quarter profits impacted by Trump tariffs

BYD’s European Union tariff is 27%, including the standard 10% import levy.
Companies & Markets

Chinese EVs’ market share across Europe drops to two-year low

Volkswagen and its compatriots are holding out hope that Germany’s landmark shift to greater government spending will revive Europe’s largest economy after two years of contraction.
Transport & Logistics

Volkswagen is cutting thousands of jobs but still dwarfs global rivals

Volkswagen is seeking to win back the market share it’s lost to domestic carmakers such as BYD that focus on swiftly manufacturing tech-laden EVs that are popular with Chinese drivers.
Transport & Logistics

Volkswagen to launch 11 new models in China to claw back market share

A VW logo at the Autostadt customer center at the Volkswagen AG headquarters in Wolfsburg, Germany, on Tuesday, March 11, 2025. Volkswagen AG expects profitability to remain roughly flat this year as the German automaker contends with muted demand in Europe and worsening trade conflicts. Photographer: Krisztian Bocsi/Bloomberg
Transport & Logistics

Volkswagen brand postpones profitability target by three years

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