German automotive manufacturing conglomerate
Sensational news at Audi: Automaker is cutting 7,500 jobs in Germany: Drastic step at Audi: The automaker is cutting a total of 7,500 jobs in Germany by the end ...
fr.de/wirtschaft/paukenschlag-bei-audi-autobauer-streicht-7500-stellen-in-deutschland-zr-93631824.html
Quick Glance: Audi Announces Major Job Cuts by 2029
- Audi plans to eliminate a total of 7,500 jobs in Germany by 2029 to save over one billion euros annually.
- Job security is extended until 2033, with no layoffs occurring until then.
- The cuts will mainly affect indirect roles, focusing on reducing bureaucracy, while the company invests eight billion euros in its German facilities.
- IG Metall members will receive an additional bonus starting in 2026, and Audi commits to producing the Q3 in Ingolstadt.
Tesla Cybertrucks are getting roasted on TikTok—one prank at a time: Armed with a projector and a Lamborghini, this TikTok crew is turning Tesla’s Cybertrucks ...
fastcompany.com/91303178/tesla-cybertrucks-are-getting-roasted-on-tiktok-one-prank-at-a-time
Paid articlePaywall
VW employee wins case in dispute over short-time working: The Federal Labor Court has now ruled in the dispute over hours deducted from long-term accounts at VW ...
waz-online.de/lokales/wolfsburg/vw-beschaeftigter-bekommt-recht-bei-streit-um-kurzarbeit-MYKG6P7DFBANTPCQBBPHXJ4L6U.html
Car manufacturer crisis: Audi's profits plummet: The Ingolstadt-based company's after-tax profit plummeted by 33 percent in 2024 compared to the previous ...
faz.net/aktuell/wirtschaft/unternehmen/krise-der-autobauer-audi-brechen-die-gewinne-weg-110363573.html
Audi is turning its back on electric cars - | Expert: "Politicians have deceived the manufacturers"
berliner-zeitung.de/wirtschaft-verantwortung/revival-des-verbrenners-audi-wendet-sich-nach-gewinneinbruch-von-elektroautos-ab-li.2308735
Accident after illegal car race on the A81 near Ilsfeld: Police seek VW driver: During an illegal car race on the A81 between Ilsfeld and Mundelsheim on Thursday ...
stimme.de/heilbronn/landkreis-heilbronn/unfall-a81-ilsfeld-mundelsheim-autobahn-bmw-vw-ermittlungen-suche-art-5035471
Rheinmetall and the possible deal with VW: From convertible to tank?: Rheinmetall is growing rapidly and looking for new locations. The focus is on the VW plant ...
az-online.de/wirtschaft/rheinmetall-und-der-moegliche-deal-mit-vw-vom-cabrio-zum-panzer-zr-93634149.html
VW: The Volkswagen Group is stumbling, but it knows where it's going: VW, Porsche, Audi - | The bad news from the Volkswagen Group keeps coming ...
wiwo.de/unternehmen/auto/vw-porsche-audi-der-vw-konzern-strauchelt-aber-er-weiss-wos-langgeht-/30260718.html
Sports car manufacturer: Porsche almost halves employee bonus: Profit slump, sales decline, cost-cutting program: Porsche has done better before ...
handelsblatt.com/unternehmen/industrie/sportwagenbauer-porsche-halbiert-praemie-fuer-mitarbeiter-beinahe/100114939.html
Large automotive supplier with over 1,000 employees insolvent: "We are extremely disappointed"
fr.de/wirtschaft/naechster-grosser-automobilzulieferer-meldet-insolvenz-an-zr-93641468.html
Porsche AG: A bottomless pit?: Porsche AG has continued to lose ground since last Wednesday's figures. Now even the 50 euro mark is threatening to fall.
deraktionaer.de/artikel/mobilitaet-oel-energie/porsche-ag-ein-fass-ohne-boden-20377127.html
Private car tunnel for billionaire Porsche is planned entirely on city land: This is demonstrated by the contract the former mayor signed with Porsche ...
derstandard.at/story/3000000261722/privater-autotunnel-fuer-porsche-ist-vollstaendig-auf-stadtgrund-geplant
Quick Glance: Mercedes Offers High Severance Payments for Layoffs
- Mercedes-Benz aims to reduce staff through generous severance packages that can reach up to 500,000 euros.
- Voluntary employees can expect substantial severance payments within a limited timeframe from April to July 2024, with a team leader having 30 years of service potentially receiving over 500,000 euros.
- Key employees are excluded from this offer, and the severance program is expected to conclude by March 2026, while job security for 91,000 workers has been extended until the end of 2034.
- Severance payments are subject to income tax, resulting in significant amounts owed to the tax authorities.
Drastic development: Mercedes, Bosch, and Porsche are sometimes only offering half as many jobs
fr.de/wirtschaft/drastische-entwicklung-mercedes-bosch-und-porsche-vergeben-teilweise-nur-noch-halb-so-viele-jobs-93635438.html
Quick Glance: Automotive Crisis: Job Cuts at Bosch, Mercedes, and Porsche
- The automotive industry in Germany is facing a dramatic decline in job postings.
- Bosch experienced a 51 percent drop, Porsche 50 percent, and Mercedes-Benz 40 percent.
- Significant losses are particularly evident in research, development, management, and IT/telecommunications sectors.
- This decline highlights the ongoing challenges faced by the once-robust automotive industry.
Auto industry: Moody's downgrades Volkswagen's credit rating
wiwo.de/unternehmen/auto/vw-moodys-stuft-kreditwuerdigkeit-von-volkswagen-herab/100114290.html
CarBuzz Mar 20
Iconic Audi Sports Car Could Make Triumphant Return: Like Lamborghini, Audi doesn't want to go retro.
carbuzz.com/audi-tt-replacement-possible-financial-struggles/
BMW reports dramatic drop in profits: The car manufacturer BMW has to accept a slump in profits. After several years of exceptionally high results ...
focus.de/finanzen/news/um-37-prozent-bmw-vermeldet-dramatischen-gewinneinbruch_id_260759258.html
Quick Glance: BMW's Profit Drop: Challenge or Opportunity?
- BMW reported a 37% decline in profit for 2024 to €7.7 billion, attributed to weak sales in China and supplier issues.
- Revenue decreased by 8.4% to €142 billion, but BMW anticipates rising demand this year despite challenging market conditions.
- Industry experts view current figures in light of historical record profits and caution against a looming crisis requiring structural adjustments.
- Competition in the electric vehicle market is increasing, while BMW has boosted its EV sales and invested in research and development to ensure long-term growth.
Massive job cuts at VW, Audi, and others: These are the real reasons for the car crisis
berliner-zeitung.de/wirtschaft-verantwortung/massiver-stellenabbau-bei-vw-audi-und-co-das-sind-die-wahren-gruende-fuer-die-auto-krise-li.2309366
Speeder (20) overtakes at 200 km/h on the motorway hard shoulder - | now he has lost his driving license
giessener-allgemeine.de/rhein-main/mit-200-km-auf-dem-seitenstreifen-polizei-stoppt-raser-zr-93630628.html
China is coming, Trump is blocking: Things are getting tight for Friedrich Merz: The German auto industry is caught between two fronts: The Chinese are pushing ...
berliner-zeitung.de/wirtschaft-verantwortung/china-kommt-trump-blockt-es-wird-eng-fuer-friedrich-merz-li.2309179
Volkswagen: Not yet a buy recommendation, but…: VW profit falls by 31% to €12.4 billion in 2024, sales rise slightly. Analysts disagree on the future; China ...
deraktionaer.de/artikel/aktien/volkswagen-noch-keine-kaufempfehlung-aber-20376869.html
Car manufacturer in crisis: Audi cuts 7,500 jobs in Germany: Following its sister brand Volkswagen, Audi must now also cut costs. The Bavarian car manufacturer ...
spiegel.de/wirtschaft/unternehmen/audi-7500-stellen-in-deutschland-werden-abgebaut-a-db755a00-8eb9-4a5a-bed8-f4103e805d89
Paid articlePaywallSoon also in retail stores: Volkswagen is banking on currywurst sales: With 8.5 million sold, the VW currywurst is one of the German car manufacturer's top ...
focus.de/finanzen/news/bald-auch-im-einzelhandel-volkswagen-setzt-auf-currywurst-verkaeufe_91c0ff92-7c39-484b-b369-0725e0367b46.html
Volkswagen: VW builds a bridge to the startup world: Development costs at Europe's largest automaker are consistently high. To become more efficient ...
handelsblatt.com/unternehmen/industrie/volkswagen-vw-baut-sich-eine-bruecke-in-die-start-up-welt/100063513.html
German arms giant Rheinmetall now has a market value of €55.7 billion, overtaking Volkswagen amid rising European defense spending ... Show more
Citroën e-C3 tested: Saving with charm - | VW would like to have this car today: VW customers still have to wait, but Citroën already offers an entry-level ...
handelsblatt.com/mobilitaet/elektromobilitaet/citroen-e-c3-im-test-sparen-mit-charme-dieses-auto-haette-vw-gerne-heute-schon/100114317.html
Paid articlePaywall Volkswagen: VW announces offensive in China - | Eleven new models planned: VW has recently fallen behind in the world's most important car market ...
handelsblatt.com/unternehmen/industrie/volkswagen-vw-kuendigt-offensive-in-china-an-elf-neue-modelle-geplant/100114250.html
Lamborghini sees tariff threat to US volumes after strong 2024 results: Potential U.S. tariffs on European-made products could hit revenue at Lamborghini ...
reuters.com/business/autos-transportation/lamborghini-sees-tariff-threat-us-volumes-after-strong-2024-results-2025-03-20/
CP24 Mar 21
Suspect wanted for robbery after stolen Audi was allegedly involved in a fatal collision in St. Catharines
cp24.com/local/niagara/2025/03/21/suspect-wanted-for-robbery-after-stolen-audi-was-allegedly-involved-in-a-fatal-collision-in-st-catharines/
CarBuzz Mar 19
Future VW And Audi SUVs Could Be Based On An American Brand's Trucks: Without a body-on-frame design of its own, the VW Group is looking to a newcomer for ...
carbuzz.com/scout-frame-could-spawn-volkswagen-audi-4x4s/
Downhill canceled: Odermatt wins his 2nd downhill globe 🔮🥳 ⛷️ After the cancellation of the last downhill race of the winter in Sun Valley ... Show more
Following Volkswagen, its subsidiary Audi is also cutting thousands of jobs in Germany. A total of up to 7,500 positions will be eliminated by 2029 ... Show more
Deutsche Bank: 647 employees earn one million euros or more: Germany's largest financial institution pays its management team generously ...
sueddeutsche.de/wirtschaft/deutsche-bank-gehaelter-mitarbeiter-boni-sewing-einkommensmillionaere-li.3218544
Audi to cut a total of 7,500 jobs by the end of 2029: The car manufacturer Audi is cutting a total of 7,500 jobs in Germany by the end of 2029 ...
tagesschau.de/eilmeldung/eilmeldung-8494.html
CNA Mar 20
Thailand aims for Formula 1 street race in 2028: PM Paetongtarn: BANGKOK: Thailand's Prime Minister Paetongtarn Shinawatra met Formula 1 chief Stefano Domenicali ...
channelnewsasia.com/asia/thailand-aims-host-f1-street-race-bangkok-2028-tourism-domenicali-5009976
Lamborghini CEO wants women to feel the need for speed: Lamborghini reported record sales in 2024. Its CEO told us the luxury automaker can keep growing by ...
businessinsider.com/lamborghini-ceo-hybrids-sales-growth-ev-supercars-women-2025-3
Volkswagen Group credit rating downgraded: A rating agency has downgraded the Volkswagen Group's credit rating. These are the reasons.
waz-online.de/lokales/wolfsburg/volkswagen-konzern-kreditwuerdigkeit-herabgestuft-ZE3NZGLT4JCEPCDJWFS7SBX6IQ.html
Porsche shock: Profits plummet - | First immediate reactions.: Sports car manufacturer Porsche faces challenges. A slump in profits and job cuts will shape the ...
fr.de/wirtschaft/nach-turbulenten-wochen-bricht-jetzt-der-porsche-gewinn-drastisch-ein-93621373.html
Volkswagen's Audi to cut 7,500 jobs in administration, development by 2029: Volkswagen's Audi will cut up to 7,500 jobs in Germany by 2029 in areas like ...
reuters.com/business/autos-transportation/volkswagens-audi-cut-7500-jobs-administration-development-by-2029-2025-03-17/
Seat Cupra posts record figures for 2024: Seat and Cupra are making a significant contribution to the Volkswagen Group's "Core" brand group achieving a solid ...
waz-online.de/lokales/wolfsburg/seat-cupra-schreibt-rekordzahlen-fuer-2024-Z2JMRZEE6FHEZBCYUM7KTBCC4A.html
Porsche SE: No sale of VW shares planned: The Porsche and Piëch families deny reports of the sale of VW shares. They hold the majority of voting rights through ...
heise.de/news/Porsche-SE-Kein-Verkauf-von-VW-Aktien-geplant-10317274.html
T-Online Mar 18
Siemens will 6.000 Jobs abbauen: Siemens plans to cut 6,000 jobs globally, almost half of which will be in Germany. The automation business is particularly ...
t-online.de/finanzen/aktuelles/wirtschaft/id_100641644/siemens-will-6000-jobs-abbauen.html
"Original" from Wolfsburg: Volkswagen apparently wants to sell currywurst in supermarkets too
spiegel.de/wirtschaft/unternehmen/volkswagen-konzern-plant-offenbar-verkauf-der-currywurst-im-einzelhandel-a-1856e1d2-3253-4eec-8a6c-91992813f1ab
CarBuzz Mar 18
Porsche's Next Two 911 Special Editions Could Not Be Any More Different: Porsche is hinting at what appears to be the next GT2 RS.
carbuzz.com/video/porsche-hints-two-new-911-models/
Audi suffers massive drop in profits and falls behind Tesla in sales: Audi once sold more cars than Mercedes. But since the diesel scandal, the brand has been in ...
nzz.ch/wirtschaft/vier-ringe-und-ein-sanierungsfall-audi-erleidet-massiven-gewinneinbruch-und-faellt-beim-absatz-sogar-hinter-tesla-zurueck-ld.1875924
Fatal accident in Bavaria: Audi rips in half on tree - | Speedometer debris shows 220 km/h
n-tv.de/mediathek/videos/panorama/Audi-reisst-an-Baum-entzwei-Tacho-Truemmer-zeigt-220-km-h-article25632783.html
Christiane Benner now on the VW supervisory board: The employee representatives on the supervisory board at Volkswagen AG are getting a new face ...
waz-online.de/lokales/wolfsburg/christiane-benner-jetzt-im-vw-aufsichtsrat-XMWO63Y7UNC7BAYO4M2C4BQQ3A.html
Volkswagen’s Newest Grand California Camper Van Just Got More Long-Haul Friendly: Volkswagen's biggest camper van is also the only California with a ...
robbreport.com/motors/cars/volkswagen-updates-biggest-camper-van-grand-california-1236370618/
"It's five to twelve - | Germany needs my massive reform program" Auto industry in crisis: "It's five to twelve - | Germany needs my massive reform program" - | Video - | WELT
CNA Mar 20
Rain soaks Porsche Singapore Classic, forcing postponement of golf tournament’s opening round
channelnewsasia.com/singapore/porsche-singapore-classic-postponed-monsoon-surge-downpour-rain-5013206
Car manufacturer: Bentley expects setback from possible US import tariffs: The British luxury car manufacturer reports a significant drop in profits ...
handelsblatt.com/unternehmen/industrie/autobauer-bentley-erwartet-rueckschlag-durch-moegliche-us-importzoelle/100114082.html
The VW Bulli turns 75: One for all: Economic miracle car, hippie mobile, camper, toy. No Volkswagen is perceived as emotionally as the Bulli. Yet, 75 years ago ...
spiegel.de/auto/fahrkultur/der-vw-bulli-wird-75-einer-fuer-alles-a-a51c1335-288d-4fa3-b752-f0b0df4bd966
Paid articlePaywall BMW in the fast lane: Mercedes and Audi lagging behind: BMW overtakes Mercedes and Audi in electric car sales and relies on the "New Class" for growth.
deraktionaer.de/artikel/aktien/bmw-auf-der-ueberholspur-mercedes-und-audi-abgeschlagen-20376750.html
"People's Tank" to combat the VW crisis: Experts celebrate military production at the car manufacturer
berliner-zeitung.de/wirtschaft-verantwortung/volkspanzer-gegen-die-vw-krise-experten-feiern-militaerproduktion-beim-autobauer-li.2306465
Volkswagen: The company's currywurst will soon be available in supermarkets: Volkswagen's core business has been doing extremely poorly recently ...
faz.net/aktuell/wirtschaft/unternehmen/volkswagen-currywurst-des-konzerns-bald-im-supermarkt-110356202.html
Accident in Haiterbach - | Driver crashes into garage wall and dies: During the night from Saturday to Sunday, a 22-year-old man drove his VW on Nagolder Straße ...
schwarzwaelder-bote.de/inhalt.unfall-in-haiterbach-fahrer-faehrt-gegen-garagenwand-und-stirbt.32f276dd-2932-4ab3-bc0a-eb673255dc72.html
T-Online Mar 16
VW, BMW, Mercedes: How deep is the car crisis really?: VW, BMW, Mercedes: All major German car manufacturers are currently experiencing difficulties ...
t-online.de/finanzen/aktuelles/wirtschaft/id_100636400/vw-bmw-mercedes-wie-tief-sitzt-die-auto-krise-wirklich-.html
bluenews.ch Mar 14
Tesla drivers are now disguising their cars as Hondas and Mazdas: A judge is demanding transparency, people are passing off their Teslas as Hondas ...
bluewin.ch/de/news/international/nichts-als-aerger-fuer-elon-musk-2604748.html
Wolfgang Porsche's Tunnel: Are the people of Salzburg fed up with their rich?
stern.de/panorama/wolfgang-porsches-tunnel--haben-die-salzburger-ihre-reichen-satt---35561018.html
Quick Glance: Wolfgang Porsche's Tunnel: A Symbol of Wealth?
- Wolfgang Porsche faces backlash in Salzburg over a 500-meter exclusive tunnel to his villa.
- Politicians and locals criticize the tunnel construction as a sign of wealth and arrogance.
- The community previously showed no interest in renovating the historic villa once lived in by writer Stefan Zweig.
- A shift in public sentiment reveals concerns that the influx of wealthy residents has driven up local rental prices.
New R7.5m Lamborghini Temerario now available to order in South Africa: The Lamborghini Temerario made its first appearance in SA when it was unveiled at an ...
businesslive.co.za/bd/life/motoring/2025-03-17-lamborghinis-new-r75m-supercar-is-available-to-order-in-sa/
Paid articlePaywall
The Drive 11h
This Cute New Dog Toy Will Match Your VW ID Buzz, and Serve a Good Cause: A blue version of the famous VW Bus-inspired Kong dog toy is now on sale ...
thedrive.com/news/this-cute-new-dog-toy-will-match-your-vw-id-buzz-and-serve-a-good-cause
Skoda posts another record profit: Unlike at Volkswagen in Wolfsburg, the mood at Skoda is good. But they don't want to rest on their laurels ...
waz-online.de/lokales/wolfsburg/skoda-schreibt-erneut-rekordgewinn-BGO2LB6WBNEABBU6IE27JYOXTY.html
"What politicians haven't understood is that something has to be done for the economy." My WELT - | My Opinion: "What politicians haven't understood is that something has to be done for the economy" - | Video - | WELT
Car manufacturer: VW subsidiary Skoda increases profits by almost a third: Unlike its parent company, things are currently going well at Skoda ...
handelsblatt.com/unternehmen/industrie/autobauer-vw-tochter-skoda-steigert-gewinn-um-fast-ein-drittel/100113461.html
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