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VW could outpace five billion euro cost-cutting threshold


The German automaker’s works council leader, also its top labor chief, believes the company would be able to surpass the cost-cutting goals at the ailing passenger namesake brand by "substantially more" than the required 5 billion euros ($5.7 billion). Volkswagen AG is today the world’s second largest automaker, but the rapid expansion has left holes in the company’s strategy and financial ...
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More Volkswagen articles

Check out the Volkswagen Golf GTD Variant
The Volkswagen Golf GTD Variant has been unveiled over the web ahead of its public debut which will take place at the 2015 Geneva Motor Show, this March. The newest addition ...
Report – Volkswagen wants to revive Phaeton luxury car
With the core Volkswagen passenger car brand ordered to cut costs severely and raise profit, the company still managed to surprise experts and analysts with its recent drive to spend ...
Recall roundup: Volkswagen, Audi and Porsche vehicles for fire risk
The Volkswagen Group has recently announced a recall for several of its vehicles and also for some developed by Audi and Porsche because of a possible fire risk. Some Volkswagen Group ...
Next-gen Volkswagen Tiguan going to Frankfurt
Volkswagen will be officially presenting the next generation of the Tiguan during the 2015 Frankfurt Motor Show, his autumn. The Volkswagen Tiguan is getting ready to be replaced but if you ...
Why is Volkswagen unable to harvest the US auto market?
Volkswagen’s namesake brand had very ambitious goals for the US market, which has been continuously rising since the dreaded days of 2009’s economic crisis. But, the unfortunate and ambitious goals were ...
China: Volkswagen promises viable sales targets for its dealers
The world’s largest auto market and the second-biggest economy globally sees clouds gathering on the horizon, with forecasts of the slowest economical growth since 1990 and predictions that auto sales ...
US: ChargePoint unites BMW and Volkswagen in quest of electric recharging network
German rival automakers BMW – the world’s largest premium brand and Volkswagen – Europe’s best selling passenger car marquee, have united their forces with ChargePoint in the US to implement ...
2015 could see Toyota cede world leadership to Volkswagen
The global auto industry leadership race is a Sino-German affair since 2013, with America’s General Motors falling into the background little by little. Meanwhile, Japan’s largest automaker – Toyota Motor – ...
Volkswagen Passat CC Concept might be shown in Geneva
The new generation of the Volkswagen Passat CC will be introduced apparently in Geneva, this March, in a concept form. With the new generation of the Volkswagen Passat being introduced back ...



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