Latest in Volkswagen Sells Car
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Volkswagen to sell controversial factory in China’s Xinjiang
Volkswagen has faced major criticism from activists and investors over its interest in the Xinjiang factory which it first opened in 2013Business - MarketWatch - 11 hours ago -
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.Business - CNBC - November 12 -
I’m a Democrat who drives a Tesla. A guy shouted abuse at me for driving a car made by Elon Musk. Am I a hypocrite? Should I sell my car?
“I live in a pretty liberal neighborhood, but am I now supposed to feel guilty for owning this car?”Business - MarketWatch - 5 days ago -
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 - October 31 -
Foreign Election Interference, and Volkswagen May Close Factories
Plus, why you should never cross a crow.Top stories - The New York Times - October 29 -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
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 - October 30 -
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 - October 31 -
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 - October 30 -
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.Business - The New York Times - November 12 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
Head of Volkswagen’s North American division steps down
Pablo Di Si leaves carmaker ‘at own request’ to be replaced by Porsche veteran amid push to regain US market shareWorld - Financial Times - November 19 -
Matt Gaetz withdraws as Trump’s nominee for US attorney-general
Former congressman says controversy around his nomination had become a ‘distraction’Business - Financial Times - 6 days ago -
Volkswagen workers in Germany prepare to strike within weeks
Executives reject union proposal that would rule out factory closures in the countryWorld - Financial Times - 6 days ago -
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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 - October 30 -
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Volkswagen cuts plan sends shock through the ‘Detroit of east Germany’
In the city of Zwickau, which has a proud history in the country’s mighty automobile industry, there are fears about the economic and political fallout . Zwickau gained its nickname as the Detroit ...World - The Guardian - November 3 -
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Volkswagen’s hopes of a US comeback shaken by Trump’s re-election
The threat of tariffs and subsidy shake-up comes as German carmaker faces weak American sales of its all-electric SUVWorld - Financial Times - November 19 -
Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business
The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.Business - The Wall Street Journal - November 19 -
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Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue
Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.Business - The Wall Street Journal - 6 days ago -
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Volkswagen to Exit China’s Xinjiang Region After 12 Years
The automaker has long been criticized by human rights activists for doing business in the territory, where China has repressed Muslim ethnic groups.Business - The New York Times - 3 hours ago -
If Nashville Is Selling, The Oilers Should Be Buying
Predators GM Barry Trotz is threatening a rebuild after a slow start, and the Oilers could be the beneficiaries.Sports - Yahoo Sports - November 7 -
Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expensesBusiness - MarketWatch - October 30 -
Marc Benioff is in talks to sell media company Time to Antenna Group
Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.Business - CNBC - November 1 -
Why Are So Many N.B.A. Owners Selling Their Teams?
The Boston Celtics are likely to be the ninth team to change hands since 2019.Sports - The New York Times - November 6 -
Melania Trump selling $195 digital photo collection
Melania Trump is "on the move" following former President Trump's White House win, releasing a $195 digital photo collection showcasing her "dynamic life." "On the Move is an exclusive collection ...Politics - The Hill - November 12 -
Diamond necklace linked to Marie Antoinette sells for $4.8m
Experts say some of the stones in the piece are a match with the original diamonds central to a royal scandal.Top stories - BBC News - November 14
