Volkswagen AG
Coverage of Volkswagen AG in the Nexus archive.
- VW’s Overhaul Puts Truckmaker Stake in Focus as Sell-Down Looms
Volkswagen AG is implementing cost cuts that are affecting truckmaker Traton SE. As a result, the German company is preparing to reduce its majority stake in the business, which is currently valued at €16.6 billion ($19.1 billion).
- Mercedes Loses Ground in China's Premium Auto Market
Mercedes-Benz Group AG sold only 1,153 units in China during the first half of 2026, significantly trailing Xiaomi Corp.'s sales of over 80,000 SU7 sedans. This poor performance mirrors challenges faced by competitors like BMW AG, Volkswagen AG, and Porsche AG, all of whom reported second-quarter sales declines of at least 30%, surpassing the overall market's drop.
- Volkswagen’s CEO suggests ‘more intelligent solutions than closing plants’ amid turnaround effort and touts cost cuts
Volkswagen’s CEO Oliver Blume emphasized avoiding plant closures and achieving cost reductions, particularly in Germany, as part of the company’s turnaround strategy. He highlighted a 20% improvement in factory costs in Germany last year and announced plans to streamline the model lineup by up to half, though specifics remain unclear.
- Volkswagen sales plunge as German automaker lays out plan to slash number of brands
Volkswagen reported an 8.6% decline in group sales in Q2 2026, with a significant drop in China. The company announced plans to reduce its model lineup by nearly half as part of a 'fundamental realignment' to improve competitiveness, citing challenges like geopolitical tensions, tariffs, and stiff competition, particularly from Chinese electric vehicle manufacturers.
- Volkswagen Plans to Cut Model Lineup by as Much as 50% (Video)
Volkswagen AG plans to reduce its model lineup by up to 50%. The article includes a video and is attributed to photographer Patrick T. Fallon of Bloomberg.
- What Dan Wang Saw on His Last Trip to China
Contemporary Amperex Technology Co. Ltd. (CATL) showcased its Qilin batteries at the Shanghai Auto Show, which runs from April 18 to 27, 2023. International automakers like Volkswagen AG and Ford Motor Co. are set to unveil new vehicles and concept cars during the event.
- EQT Taps Qatari Funding as Bids for €8 Billion VW Unit Near
EQT has secured funding from Qatar to bid on Volkswagen's €8 billion unit. The bid is part of EQT's strategy to expand its portfolio. Volkswagen AG is the target company in this acquisition.
- China Reminds Battery Makers to Resist Excessive Capacity Growth
China has urged battery manufacturers to avoid overexpansion in production capacity. The directive comes amid discussions about electric vehicle battery supply chains, with Volkswagen AG's batteries showcased at Gotion High-tech Co.'s facility in Hefei, China.