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Volkswagen nears stake sale in India unit to JSW Group

KATHMANDU : Volkswagen AG is reportedly close to selling a stake in its Indian business to the JSW Group, as the German automaker looks to strengthen its presence in one of the world’s fastest-growing automotive markets. According to a Bloomberg…
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Volkswagen eyes up to 50,000 more job cuts in cost-cutting push

KATHMANDU: Volkswagen Group is considering cutting up to 50,000 additional jobs worldwide as part of a broader restructuring plan to improve efficiency and reduce costs, according to global media reports. In an internal memo to employees, Volkswagen CEO Oliver Blume…
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Volkswagen Taigun facelift launched in India

KATHMANDU: Volkswagen has launched the updated Taigun facelift in the Indian market, with a starting price of 1.99 million Indian rupees (ex-showroom). The SUV is available in six variants: Comfortline, Highline, Highline Plus, GT Line, Topline, and GT Plus. The…
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Volkswagen reclaims top spot in China as BYD falls to fourth

KATHMANDU: Volkswagen has regained the top position in passenger vehicle sales in China during the first two months of 2026. The shift comes as EV incentives are reduced, impacting sales of electric and plug-in hybrid models. Volkswagen’s joint ventures with…
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Volkswagen ID Polo EV production model leaked

KATHMANDU: Volkswagen’s upcoming Volkswagen ID Polo EV has been leaked online ahead of its official debut in May. The latest images reveal the production-ready design without camouflage. The ID Polo EV closely follows the 2023 Volkswagen ID.2all Concept. It features…