Monica Raymunt

Aufgrund eines schwachen Industriegeschäfts in Europa und Nordamerika hat Continental seine Umsatzprognose für dieses Jahr leicht gesenkt. Der Autozulieferer rechnet nun mit einem Umsatz von 42 Milliarden Euro, statt zuvor 42,5 Milliarden Euro.

The companies also named leaders for their multibillion-dollar joint venture and showcased a prototype EV. The spending may ease concerns about Rivian's cash burn and give the German carmaker access to its U.S. partner's software technology — an area where VW has stumbled.

The increasingly pricey partnership already wasn’t sitting well with Volkswagen’s works council in Germany.

(Bloomberg) -- Volkswagen AG raised investment plans in Rivian Automotive Inc. by US$800 million, signalling its commitment to the US partner even

Labor leaders at Volkswagen AG offered €1.5 billion ($1.6 billion) in cost cuts as management pushes for broad savings to steady the beleaguered carmaker.

Volkswagen AG faces a growing threat of widespread walkouts as executives and unionists dig in over how to restructure Europe’s biggest automaker.

(Bloomberg) -- Volkswagen AG faces a growing threat of widespread walkouts as executives and unionists dig in over how to restructure Europe’s biggest automaker.Most Read from BloombergTrump Promises Could Have Seismic Impact on Washington EconomyParis to Replace Parking Spaces With TreesTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesNew York’s Transit Agency Approves $9 Congestion TollLabor leaders are offering

Volkswagen AG workers across Germany plan to stage mass walkouts starting early next month after labor leaders and management failed to reach an agreement over how to slash costs at the carmaker’s namesake brand.

Volkswagen AG workers across Germany plan to stage mass walkouts starting early next month after labor leaders and management failed to reach an agreement over how to slash costs at the carmaker’s namesake brand.