Porsche Financials Battered By VWPorsche faces a $21 billion loss due to its stake in VW amid market uncertainties and declining demand.
Germany: VW workers announce second strike as cuts loom DW 12/05/2024The IG Metall union is escalating strike actions against VW over layoffs and wage cuts, with a rally planned for December 9.
VW launches $5.8bn tie-up with Tesla rival RivianVW and Rivian's joint venture increases collaboration and funding, addressing challenges in the EV market amid rising competition and costs.