The investment, reportedly meant for developing a new electric vehicle platform, has been reduced, and the company is now ...

Volkswagen is unwilling to continue pouring billions of dollars in India where it has managed to eke out only a 2% market share after nearly two decades.| Business News ...

The local unit of Europe's biggest automaker has cut costs to about $700 million from $1 billion for a platform it is ...

Volkswagen AG reduces electric vehicle development costs in India by 33% to $700 million and seeks partnership with local ...

Volkswagen (OTCPK:VLKAF) (OTCPK:VWAGY) has discussed with Chinese partners such as SAIC, FAW Group, JAC Motors, and XPeng (NYSE:XPEV) the possibility of the companies investing in plants in Germany, ...

While global carmakers scramble to realign their operations, Volkswagen is pulling the plug on a major Chinese factory. After cutting a deal with Germany’s IG Metall union last year to keep a few ...

Publicis Media China has won back its flagship SAIC-GM media account, making a strong return after a year away from the business. The agency reclaimed the account following a highly competitive pitch ...

Last Tuesday, the mobility arm of state-owned auto giant SAIC Motor, the China joint venture partner to GM and Volkswagen, ...

In a strategic move to strengthen its foothold in the world’s third-largest automobile market, Volkswagen AG has ...