With the economy a key factor in German elections this month, can the auto sector get back on the road to recovery?
German industry has for years called out high energy prices and poor economic policies for making them uncompetitive. A coalition of SMEs is now saying enough is enough.
Car giant Volkswagen to wind down production at two ... a person with knowledge of Chinese government thinking told Reuters. Buying a factory would allow China to build influence in Germany's ...
Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.
Volkswagen's Puebla auto factory is Mexico's largest and one of the biggest in the Volkswagen Group, making nearly 350,000 cars in 2023, including the Jetta, Tiguan and Taos - all for U.S. export.
Some Chinese automakers have already planted their roots in smaller European countries, but a factory in Germany would be a game-changer. Volkswagen's factories are a symbol of Germany's ...
The Porsche-Piëch family is the majority owner of the German holding company Porsche SE, which in turn, is a controlling shareholder in Volkswagen Group. The support for factory shutdowns follows ...
The firm highlighted particular unease over levies on goods coming from Mexico, where Volkswagen holds a major factory. "The Volkswagen Group is concerned about the harmful economic impact that ...
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