17 Articles
17 Articles
Volkswagen’s global model cull could boost India’s role as production, export hub
Volkswagen Group’s decision to halve its global model portfolio is unlikely to shrink Volkswagen and Škoda’s core India-made line-up. Instead, it is expected to reshape how future India investments are evaluated
Volkswagen, facing one of the biggest crises in its history due to global competition and declining profitability, plans to halve its model range and lay off 100,000 employees with the approval of the unions in order to cut costs.
As part of cost-cutting measures across the Volkswagen Group, there have been speculations about the gradual demise of ten models from various brands. One of them could be the Skoda Fabia.
EV industry to Volkswagen: We warned you!
Who could have foreseen last week’s news that the Volkswagen Group planned to slash vehicle production, or the more recent announcement that 50,000 more workers might be let go? Well, anyone who has been following the EV transition over the past decade foresaw it, or should have. As the New York Times understated it, the retrenchment “seemed to be a tacit acknowledgment that the company had gotten too big and complicated and needed to slim down …
Volkswagen Could Reportedly Ax the Jetta, Taos and the Porsche Taycan As It Shrinks Global Lineup
As Volkswagen prepares one of its largest restructuring efforts in decades, some well-loved models could soon get the ax. The post Volkswagen Could Reportedly Ax the Jetta, Taos and the Porsche Taycan As It Shrinks Global Lineup appeared first on TFLcar.
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