VOLKSWAGEN

The company has urged impacted drivers to ensure that their parking brakes are fully engaged.

The carmaker has been in heated discussions with unions after announcing this fall that it would have to take drastic measures to cut costs

With this venture, the two companies plan to bring "best-in-class software technology" and "next-generation electrical architecture" for future electric vehicles of the companies. The deal will cover various kinds of vehicles, which would also include subcompact cars.

The CEO of Volkswagen revealed to a publication that the cost cutting measures in the company is necessary.

The German car giant -- whose 10 brands range from its core VW models to Seat, Skoda and Porsche -- has been hit hard by high manufacturing costs, a stuttering switch to electric vehicles and increased competition in key market China.

Workers' representatives will update VW staff at all 10 German plants about management's latest savings proposals at 1000 GMT, with many bracing for news of thousands of job cuts.

The carmaker faces mounting pressure to reduce expenses amid a challenging economic climate. Workers have slammed the management for allegedly failing to provide a clear future strategy.

Volkswagen is about to start discussions with unions over pay in the midst of possible plant closures.

German automotive giant warned it could take the unprecedented move of shutting down production sites, and threatened further job cuts as its savings plans stalled

Volkswagen employees in Tennessee will begin casting ballots Wednesday in a vote that could make theirs the first foreign carmaker to unionize in the American South, expanding gains made by organized labor in the auto heartland of Detroit.

Automakers have announced new EV concepts to showcase at CES 2023.

Porsche's Haru Oni plant in Chile produces carbon-free fuel from water, CO2 and wind.

The coming year will see a few models removed from the lineups of various car manufacturers.

2023 is packed with new models and these five are worth keeping a close eye on.

Volkswagen Group announces that it's flagship factory in Wolfsburg, Germany will have a $482 million initial investment focused on updating the factory for EVs.

VW Group CEO Oliver Blume will present a new strategy to the group's board in order to turn his predecessor's promises into deliverables.

Canada could be the home of Volkswagen's next battery cell production plant.

Lamborghini has released the Sterrato, a supercar designed for off-roading.

EV rivals threaten Tesla's control of the EV market.

VW Group sources reveal the company is in talks with Foxconn for a new factory.

Volkswagen Group pauses paid advertising on Twitter across all of its brands.