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News
Volkswagen to cut up to 50,000 jobs amid growing Chinese competition
1+ week, 2+ day ago (427+ words) Volkswagen has been under unprecedented pressure to restructure the business model that underpinned its success for decades Volkswagen Group is preparing to trim its vehicle range substantially while removing 50,000 roles under newly introduced corporate restructuring plans. The company's Supervisory Board…...
Volkswagen approves plan to cut another 50,000 jobs
1+ week, 2+ day ago (298+ words) Volkswagen bosses have said they will cut around 50,000 jobs as part of a sweeping cost-cutting plan. The German car giant said the move, which comes on top of previously announced cuts, will bring job losses to around 100,000 by 2030. The group’s…...
Volkswagen ‘to cut 100,000 jobs amid challenging market conditions’
2+ mon, 2+ week ago (378+ words) Top bosses are considering restructuring and dramatically cutting down the size of the workforce German automotive giant Volkswagen is reportedly drawing up plans for a drastic overhaul that could see 100,000 jobs eliminated in the coming years – double its previously announced…...
Struggles to keep on top of car admin costing some drivers more, survey finds
2+ mon, 3+ week ago (260+ words) Around a fifth (21%) of drivers have forgotten essential car admin dates such as their MOT, tax or insurance – potentially leaving many people at risk of penalties – a survey indicates. Two-fifths (42%) of those surveyed said they find car admin difficult, rising…...
Introducing 3p per mile EV fee at Budget could be ‘poll tax on wheels’
10+ mon, 1+ week ago (801+ words) Announcing a per mile charge for electric vehicles (EVs) in the Budget could be viewed as a “poll tax on wheels”, a motoring group has warned. Chancellor Rachel Reeves will unveil a policy to introduce a 3p per mile fee for…...
Why luxury carmaker is sending less cars to UK
10+ mon, 3+ week ago (165+ words) Mercedes reverses onto Ferrari 458 Speciale Why luxury carmaker is sending less cars to UK - Ferrari has reduced the number of luxury cars it sells in the UK, citing wealthy residents leaving the country following the scrapping of the non-dom tax…...
Ferrari reduces number of cars sold to the UK after non-dom tax change
10+ mon, 3+ week ago (439+ words) Luxury carmaker executive says ‘people are getting out of that country for tax reasons’ Ferrari has reduced the number of cars it sells in the UK after wealthy residents are leaving the country following the scrapping of the non-dom tax…...