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Volkswagen warned its production may soon be disrupted due to Nexperia chip supply issues
Volkswagen said Wednesday it may soon face temporary factory shutdowns due to chip supply problems linked to Nexperia, a semiconductor company now caught in a standoff between China and the Netherland...
1 min

Volkswagen expects a $5.9 billion hit to its operating profit in 2025
Porsche, a German automaker, has announced the delay of its electric car rollout, citing slowed market demand. The automaker has shifted its focus now to combustion and hybrid models, with a billion-d...
1 min

Volkswagen plans to invest up to €1 billion (approximately $1.2 billion) in artificial intelligence by 2030
Volkswagen Group, the German automotive giant, has announced that it plans to invest up to €1 billion ($1.2 billion) in artificial intelligence (AI) initiatives by 2030 amid ongoing transformations in...
1 min