Volkswagen unveils Mission Efficiency electric car record
The prototype achieves a Cd of 0.158 and consumes 6.89 kWh/100km using MEB+ platform technology from the ID.Polo.
Latest Volkswagen Group News & Updates
See the latest news and media coverage for Volkswagen. We track all announcements, press releases, and industry mentions in real time, all in one place.
Multinational automotive manufacturer and mobility group
volkswagen-group.com- Headquarters
- Wolfsburg, Germany
- Company type
- Public company
- Number of employees
- 100,000+
- Industry
- Auto & Truck Manufacturers
Last updated
Latest news about Volkswagen Group (Volkswagen)
In short: Volkswagen launched a massive restructuring plan involving job cuts and factory closures to navigate a critical financial crisis.
Company announcements
Volkswagen sells its Osnabrück plant to Aurelius Capital
The transaction transitions the facility into a security and defense hub while preserving most local employment.
The Volkswagen Group approves the Future Plan 2030 for strategic transformation
The transformation program includes streamlined product lines, efficiency improvements, and a reduction of approximately 50,000 jobs to achieve an operating margin of nine percent by 2030.
Volkswagen announces placement of Traton SE shares
The share placement aims to reduce Volkswagen's stake in the commercial vehicle subsidiary.
Media coverage
Volkswagen To Spend $18.6 Billion On Job-Cutting, Factory-Shuttering Restructuring
Plus, Porsche completing the sale of its stake in Bugatti, the Boring Company's Emirati investment...
Volkswagen's Seat brand faces possible end as Chinese rivals force auto industry shakeout
For generations, SEAT was more than another badge in Volkswagen's sprawling portfolio. The Spanish marque helped put a country on...
Linklaters, Gleiss Lutz Advise Germany's Volkswagen on Massive Turnaround Plan
The European auto giant, facing competition from China and declining profits, is considering a historic turnaround that could ...
Volkswagen strikes deal with Israel investment firm to turn car plant into defense facility
A Volkswagen car plant in northwestern Germany is to be converted to defense production, the company...
Never miss news about Volkswagen
Track Volkswagen and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Volkswagen competitors & trending companies
Browse news for competitors to Volkswagen and other trending companies.