A recent report from The Financial Times indicates that Volkswagen’s current financial situation is serious. In fact, it’s so bad that reports say the German giant may be encouraged to sell many of its more profitable nameplates, including Ducati. The news comes after the brand announced the sale of its marine engine brand, Everlens, for
VW will reportedly double planned layoffs to 100,000 workers. It may also close four factories, including the Audi plant. The VW core brand can be separated from the VW Group. Volkswagen has already announced plans to eliminate 50,000 jobs across the main VW brand, Audi, Porsche and its software subsidiary CARIAD in Germany by the
Volkswagen has partnered with Costco’s auto program to offer rebates on certain 2026 models. This discount is available for Tiguan, Atlas and Atlas Cross Sport. Costco members can save up to $1,250. If you’re planning on buying a new car the next time you go grocery shopping, Costco has a new deal for you. Members
The VW Group will favor high-volume models. It wants to make it easier for customers to choose from its range of models and variants. Production capacity will also reduce. Volkswagen Group’s cost-cutting program is in full swing. In 2025 alone, factory costs at its German plants were cut by more than 20 percent. By the
It’s safe to say that Volkswagen is no longer the force it used to be. The company’s market share continues to be eroded by increasing competition, especially as myriad Chinese rivals move closer. However, it can still compete in almost every segment from small hatchback to full-size SUV. This year has been a particularly busy