Volkswagen profits surge despite selling fewer cars

Volkswagen noticed its earnings surge larger regardless of promoting fewer vehicles because of semiconductor shortages. Volkswagen stated Friday its web earnings jumped final 12 months regardless of promoting fewer vehicles because of the semiconductor scarcity as patrons forked out for better-equipped vehicles. The German automaker’s web revenue rose 75 % to fifteen.4 billion euros ($16.8 […]

Volkswagen plans 2 bn euro electric car plant in Germany

Development on Volkswagen’s new German manufacturing unit subsequent to the group’s historic residence in Wolfsburg will start “as early as spring 2023” for a manufacturing begin in 2026. German auto big Volkswagen stated on Friday it had accepted a 2 billion euro funding in a brand new electrical automobile plant, because it seeks to overtake […]

Volkswagen eyes separate stock market listing for Porsche

The necessity for money to fund electrification plans is pushing carmakers into share listings for luxurious manufacturers. German auto large Volkswagen mentioned Tuesday it’s drawing up plans to record its luxurious model Porsche because it seems to be to boost the funds for its transfer to electrical autos. Volkswagen and its largest shareholder Porsche SE […]

Volkswagen Creates New Jobs For 50 Sheep

VW’s Chattanooga plant employs over 4,000 staff – however not all of them are human. To resolve a standard drawback on the photo voltaic park, VW has employed a herd of round 50 sheep, creating new job roles. To be efficient, photo voltaic farms want strong floor, however erosion generally is a drawback. To stop […]