Browsing: Volkswagen

German automaker Volkswagen AG reached an agreement on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital along with the German state of Lower Saxony. Under the preliminary deal, the new owners will convert the

Tesla experienced a sharp decline in sales across major European markets in April 2025, as new vehicle registrations in Germany and the United Kingdom fell to their lowest levels in over two years. Despite a general uptick in demand for

MENA Newswire News Desk: The European Union will proceed with imposing significant tariffs on Chinese-made electric vehicles (EVs), despite opposition from key member Germany, the EU Commission announced Friday. The move, which follows a contentious vote, marks the bloc’s largest

MENA Newswire News Desk: Volkswagen may face the grim prospect of slashing 15,000 jobs amid escalating financial pressures, with analysts predicting closures of multiple production plants in Germany. The company, one of the cornerstones of Germany’s economy, is grappling with

MENA Newswire News Desk: Volkswagen may face the grim prospect of slashing 15,000 jobs amid escalating financial pressures, with analysts predicting closures of multiple production plants in Germany. The company, one of the cornerstones of Germany’s economy, is grappling with

Volkswagen is recalling 143,000 of its Atlas SUVs in the United States due to a faulty sensor on the front passenger side that can switch off the airbag system under certain conditions. The automaker has advised owners not to let