In a significant revelation, Volkswagen has announced that its Model Year (MY) 2023 and 2024 ID.4 units equipped with SK On batteries now qualify for the full $7,500 federal tax credit under the Inflation Reduction Act (IRA). This development positions Volkswagen’s ID.4 as an even more attractive option in the rapidly growing electric vehicle (EV) …
In a strategic move to enhance its global performance and navigate economic challenges, Volkswagen (VW) has initiated a comprehensive workforce reduction program, set to take effect from January 2024. The decision, born out of discussions between management and employee representatives, aims to streamline operations and enhance efficiency while curbing labor costs. Volkswagen Workforce Reduction The …
Volkswagen Implements Strategic Workforce Reduction to Enhance Performance and Cut Costs Read More »
In a strategic move set to reshape Detroit’s automotive landscape, Scout Motors Inc., supported by automotive giant Volkswagen, is gearing up to invest a whopping $11 million in the construction of a cutting-edge Research and Development (R&D) Center in suburban Detroit. This groundbreaking development is expected to not only bolster technological innovation but also create …
In a groundbreaking revelation, Scout CEO Scott Keogh has disclosed that the inaugural fleet of all-electric Scout SUVs is set to hit the roads by the third quarter of 2024. Keogh, providing insights into the development, shared, “The product’s design is nearly complete, with proportions and exterior design finely tuned,” during a recent discussion with …
Volkswagen’s Scout SUV Prototype Set to Make $40k Debut in Q3 2024 Read More »
In a groundbreaking move, Volkswagen has introduced a revolutionary feature in their new ID. Family models – the capability of Bidirectional Charging. This marks a significant leap in how electric vehicles interact with our daily lives, allowing them not only to consume energy but also to contribute power back to the grid. Let’s delve into …
Volkswagen Introduces Amazing Feature Bidirectional Charging in ID. Family Models Read More »
In a noteworthy development, Volkswagen has revealed plans for a substantial cost-cutting initiative amounting to $10.9 billion. This strategic move aims to address soaring operational costs and dwindling productivity at the company’s vehicle plants, positioning itself to tackle the ever-intensifying challenges in the fiercely competitive automotive industry. Competitiveness Concerns and Urgent Restructuring Acknowledging the urgency …
Volkswagen Initiates Ambitious Cost-Cutting Plan Amidst Competitive Struggles Read More »
In a significant move, Volkswagen has decided to recall all its ID.4 electric vehicles in the United States, affecting a total of 23,883 units. This decision stems from safety concerns related to the interior flammability of the vehicles’ materials, as outlined in documents from the National Highway Traffic Safety Administration (NHTSA). The FMVSS 302 Standard …
In a groundbreaking development, the United Auto Workers (UAW) has successfully reached tentative agreements with automotive giants Ford, General Motors (GM), and Stellantis, bringing an end to over six weeks of strikes. However, UAW’s President, Shawn Fain, has set his sights on an even more ambitious goal. He announced on Sunday that the forthcoming round …
In a bid to streamline operations, Volkswagen‘s software subsidiary, Cariad, is contemplating a significant reduction in its workforce. Recent reports from German publication ManagerMagazin.de suggest that the board of directors at Cariad has approved plans to let go of up to 2,000 employees, potentially reshaping the future of the company. Uncertainties and Restructuring While the …
Volkswagen’s Cariad Faces Workforce Reduction Amidst Software Challenges Read More »
In a significant move towards sustainable transportation, Volkswagen is set to bid farewell to conventional gas-powered cars in Norway by the end of this year. This decision was announced by the renowned Norwegian import company, Møller Mobility Group. The Transition to Electric Vehicles From 2024 onwards, Volkswagen will exclusively offer electric vehicles (EVs) in Norway, …
Volkswagen Announces Transition to Exclusively Electric Vehicles in Norway by 2024 Read More »
