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  1. Volkswagen News Blog
    Volkswagen Group just announced a restructuring plan aimed at raising the company’s operating margin to 6 percent. Unfortunately, the strategy involves a staffing reduction of up to 7,000 people by 2023 — with the automaker saving an estimated 5.9 billion euros in the process. While legitimate...
  2. Volkswagen News Blog
    With plans to massively increase the number of electric vehicles it sells, the Volkswagen Group is reportedly admitting that it would make business sense to produce its own batteries. “If more than a quarter of our cars are to be electronic vehicles in the foreseeable future then we are going...
  3. Volkswagen News Blog
    Volkswagen AG recently revealed in a press release that the supervisory and management boards jointly agreed to cut management bonuses this year. Different models are being discussed and coordinated, says VW, but the consequence will be a “significant reduction of the variable remuneration to...
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