German automotive manufacturer Volkswagen AG agreed on Monday to sell its Osnabrück assembly plant to Israeli private equity firm Aurelius Capital and the German state of Lower Saxony. Under the preliminary agreement, the new owners...
Tag : Volkswagen
BRUSSELS, December 17, 2025: The European Union is set to ease its planned 2035 ban on the sale of new combustion engine vehicles after sustained pressure from automakers and several member states, marking a significant policy adjustment in...
Tesla experienced a sharp decline in sales across major European markets in April 2025, as new vehicle registrations in Germany and the United Kingdom fell to their lowest levels in over two years. Despite a...
MENA Newswire News Desk: The European Union will proceed with imposing significant tariffs on Chinese-made electric vehicles (EVs), despite opposition from key member Germany, the EU Commission announced Friday. The move, which follows a contentious...
MENA Newswire News Desk: Volkswagen may face the grim prospect of slashing 15,000 jobs amid escalating financial pressures, with analysts predicting closures of multiple production plants in Germany. The company, one of the cornerstones of...
MENA Newswire News Desk: Volkswagen may face the grim prospect of slashing 15,000 jobs amid escalating financial pressures, with analysts predicting closures of multiple production plants in Germany. The company, one of the cornerstones of...