Latest from Henning Krogh
The plant, which would be VW Group's 133rd worldwide, would add to the automaker's excess capacity, sources told Automobilwoche.
VW Group's new brand strategy would see Seat increase prices to rival Alfa Romeo, while Skoda would drop high-end extras to focus on challenging Hyundai, Kia and Dacia.
VW brand's German union is fighting with Skoda over leadership of a factory that parent VW Group plans to open in eastern Europe.
VW must strive for a less authoritarian structure, be open to new ideas and accept bad news, says Larry Thompson, the monitor appointed to oversee the automaker's integrity and compliance as part of its emissions-cheating scandal settlement with U.S. authorities.
VW must strive for a less authoritarian structure, be open to new ideas and accept bad news, says Larry Thompson, the automaker's compliance monitor.
Continental is considering investing in battery production to compete with Asian and U.S. manufacturers.
Continental is considering investing in battery production to compete with Asian and U.S. manufacturers.
VW aims to overcome a reputation as a secretive and autocratic company by introducing a "Meeting Mueller" program which allows employees to pose questions directly to CEO Matthias Mueller. VW is working on new responsibilities for the board and twill use fewer consultants and rely on internal expertise, Mueller told employees.
VW aims to overcome a reputation as a secretive and autocratic company by introducing a "Meeting Mueller" program which allows employees to pose questions directly to the CEO. Matthias Mueller hints VW is working on new responsibilities for the board and that the company will use fewer consultants and rely on internal expertise.
Volkswagen Group CEO Matthias Mueller is accelerating cost cuts at the embattled automaker to cope with its emissions-cheating scandal and to finance VW's shift toward electric vehicles and digital services. Mueller is seeking to reduce costs by 10 percent next year.
