Latest in Volkswagen Drive
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Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - 18 hours ago -
The Volkswagen ID Buzz Is Finally in the US. We Took the Electric Microbus for a Drive
One of the most beloved vehicles of the 20th century returns as an electric family fun machine. The high price and the low range might raise some eyebrows, but this van delivers.Tech - Wired - October 21 -
Volkswagen is in crisis again. Can it be reformed?
Europe’s largest carmaker is at war with workers and politicians as it tries to navigate a painful EV transitionWorld - Financial Times - 8 hours ago -
Foreign Election Interference, and Volkswagen May Close Factories
Plus, why you should never cross a crow.Top stories - The New York Times - 2 days ago -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - Yesterday -
Volkswagen Profit Shrinks as Unions Threaten Strike
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.Business - The New York Times - 19 hours ago -
How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.Business - The New York Times - 9 hours ago -
Uber’s drive for ‘super app’ status
The ride-hailing app is exploring a takeover of Expedia, which would be its biggest deal yetWorld - Financial Times - October 21 -
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...World - The Guardian - October 21 -
VW fined by UK regulator for treatment of customers in financial trouble
Carmaker’s lending arm hit with £5.4mn penalty and agrees to pay £21.5mn to 110,000 borrowersBusiness - Financial Times - October 21 -
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Volkswagen's Scout Motors reveals first EVs as it shifts to include plug-in hybrids
Scout, a former American brand from 1961 to 1980, was expected to exclusively offer EVs in a bid for the German automaker to expand its presence in the U.S.Business - CNBC - 5 days ago -
Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - 2 days ago -
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Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - 2 days ago -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - 2 days ago -
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Business - CNBC - 20 hours ago -
Why the cost of insurance is driving UK motorists to distraction
This multi-faceted problem is not for the industry aloneWorld - Financial Times - October 19 -
The Powerful Companies Driving Local Drugstores Out of Business
The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.Business - The New York Times - October 19 -
Trump works the drive-thru at Pennsylvania McDonald’s
Former President Trump on Sunday stepped behind the counter at a McDonald's in Pennsylvania, working the drive-thru for a short time after he spent weeks mocking Vice President Harris's past ...Politics - The Hill - October 20 -
Messi Mania helps drive record growth for MLS
Major League Soccer is hitting record attendance marks and mounting sponsorship revenueSports - ABC News - October 22 -
The Patagonian shale riches driving Argentina to an energy surplus
New oil pipelines will boost exports from the Vaca Muerta formation, although gas infrastructure is more complexWorld - Financial Times - October 23 -
Tesla Self-Driving System Will Be Investigated by Safety Agency
The National Highway Traffic Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.Tech - The New York Times - October 18 -
Before the First Kiss, Plenty of Drives Home
Jocelyn DeGroot-Lutzner grew up four blocks from Ephream Seyoum in West Philadelphia. But the two didn’t meet until she applied for a job at his family’s Eritrean restaurant.Lifestyle - The New York Times - October 23 -
Auto-enrolment drives surge in ‘lost’ UK pensions
£31bn sitting in unclaimed, inactive or lost savings potsBusiness - Financial Times - 6 days ago -
Teen death crash driver was drink-driving - inquest
Jesse Owen, Callum Griffiths and Morgan Smith died at the scene of the collision.Top stories - BBC News - 5 days ago -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - Yesterday -
Ukraine in new mobilisation drive as Russia advances
Ukraine's military has been under severe pressure of late, in part due to Russia's greater manpower.Top stories - BBC News - Yesterday -
How Diwali Is Influencing Brands and Driving Customer Experience
From big box retailers to small brands, capitalizing on Diwali makes good business sense.Business - Inc. - Yesterday -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - 2 days ago -
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Volkswagen to close three German factories and lay off thousands of workers, employees say
Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.Business - MarketWatch - 3 days ago -
Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - 2 days ago