VW’s 30% EV growth forecast drop forces automaker to rethink strategy
Mike Ochonma
July 11, 2023
By Mike Ochonma. Volkswagen is putting the brakes on its electric vehicle production as rising electricity costs and lowering gas
Electric vehicles account for just 3 percent of global sales, investigation reveals
Mike OchonmaMarch 16, 2021
…As Japanese automakers drags in EV global migration Mike Ochonma Business Editor With major automakers transitioning to
Volkswagen in plans to cut its workforce by 4,000 jobs in early and partial retirement offerings which will cost £425m
Charles AbuedeMarch 16, 2021
Says it expects close to 900 employees to accept early retirement in a Charles Abuede German automaker, Volkswagen Group, has revealed
COVID-19 pressures cost Volkswagen, Ford, Toyota, GM, Daimler $63bn market cap in 8 months
Aderemi OjekunleAugust 19, 2020
Charles Abuede The world’s top five automobile manufacturing companies, Volkswagen Group, Ford Motors, Toyota Motor Corporation,
Volkswagen, with $192bn debt burden, is world’s most indebted company
Charles AbuedeJuly 28, 2020
Piles of debt almost equivalent to entire nations, like South Africa or Hungary Daimler and BMW also in top 10 with debts of $151bn,
Trump threatens 20% tariff on car imports over EU “tariffs and trade barriers” on US products
BusinessamJune 22, 2018
U.S. President Donald Trump has threatened a 20 percent tariff on EU cars after the European Union introduced tariffs on £2.4bn worth
Talks by VW Group, Tata to produce emerging market car end amicably
Businessam StaffAugust 11, 2017
Cooperation talks between Germany’s Volkswagen Group and India’s Tata Motors about joint development of a car for emerging