Volkswagen News

Scania Powers Up: VW's Truck Giant Acquires Northvolt's Battery Division for Electrification Boost

Volkswagen AG's Scania acquires Northvolt's battery systems unit, enhancing its electrification strategy with new production facilities, research center, and 260 employees, despite...

Scania Powers Up: Volkswagen's Truckmaker Acquires Northvolt's Battery Unit for Electrification Boost

Scania, under Volkswagen AG, acquires Northvolt's battery systems unit, enhancing its electrification capabilities for heavy industry with new technology, facilities, and nearly 26...

European Auto Giants Stumble as Trump's 25% Tariff Sparks Industry-Wide Panic

European automakers' stocks plummeted after US President Trump announced a 25% tariff on non-US-made vehicles, leading to production halts and layoffs by Stellantis NV and signific...

European Auto Industry Faces Turbulence as US Tariffs Spark Massive Stock Drops

European automakers' stocks plummet after US imposes 25% tariffs on foreign vehicles, leading to production halts and layoffs by Stellantis NV, with significant drops in shares for...

European Markets Edge Higher as Investors Eye Ukraine Peace Talks in Saudi Arabia

European stock markets opened higher as investors anticipate the outcome of Ukraine peace talks in Saudi Arabia. Volkswagen's 2024 financial results were also released, showing pos...