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Live World News @NexthPress
4 days ago
Volkswagen profit plunges 61% on tariffs, Porsche crisis, Volkswagen reported a steep 61% drop in profit for the first three quarters of 2025, with the German automaker hit by a double blow of U.S. tariffs and a costly strategic reversal at its Porsche subsidiary. The crisis has triggered a leadership shake-up at the luxury brand and raised questions about the future of Europe's largest carmaker. #Volkswagen #Porsche #EVMarket #AutoIndustry #Tariffs #Germany #BusinessNews #electricvehicles https://www.perplexity.ai/...
Live World News @NexthPress
7 days ago
Volkswagen invests $200M in China chip development Volkswagen announced Wednesday a strategic investment exceeding $200 million to independently develop System-on-Chip technology in China, marking the German automaker's first foray into proprietary semiconductor design as it battles to regain ground in the world's largest automotive market #Volkswagen #ChinaEV #ChipInnovation #AutonomousDriving #HorizonRobotics #IntelligentMobility #AIinCars #SmartTech https://cnevpost.com/2025/...

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