Porsche holding company warns of £17bn writedown in Volkswagen stake Transport and infrastructure Volkswagen is suffering from high costs, fierce Asian competition and a prolonged bitter conflict with unions over plant closures.
Best cars of 2024 – From the new Aston Martin Vantage to the McLaren Artura Spider Life&Style The car industry is facing strong headwinds, from import tariffs to mandated EV sales targets. Despite it all, though, 2024 has produced some genuinely exciting new cars, many of which we were lucky enough to drive. This isn’t a round-up of the ‘best’ cars of the year; many of the vehicles listed here are totally [...]
Volkswagen Finance fined by FCA for unfairly treating vulnerable customers Transport and infrastructure The City regulator has fined Volkswagen's UK financial services arm £5.4m for its unfair treatment of customers in financial difficulty, which it said may have caused them harm.
Volkswagen Golf GTI 2024 review: The end of an era September 26, 2024 Last year, Volkswagen quietly filed a trademark application for a GTI badge in which the letter ‘I’ is replaced by a lightning bolt. The new logo suggests the GTI will live on even after the ninth-generation Golf goes fully electric in 2028. As car enthusiasts, we can all be thankful for that. A battery-powered GTI [...]
Volkswagen boss: The EV sales slump is ‘not the end of the world’ May 8, 2024 A recent slump in electric vehicle sales shouldn't concern the automotive sector, VW's brand chief Thomas Schäfer has said.
Why Porsche can’t rely on the iconic 911 any longer March 13, 2024 Porsche is at the starting line of a major transition year with the launch of a range of new models. Here's why it can't rely on the iconic 911 any longer.