- Oct 30
VW pauses electric Golf development as brand posts first quarterly loss since 2020
Volkswagen has suspended preliminary development work on the ID. Golf while keeping its Wolfsburg production plans. Brand chief Thomas Schäfer says the company cannot afford the spending now, after the VW brand slipped into a third-quarter loss.
- Oct 23
VW and IG Metall set talks for 24 November, but clash over job transfer companies
Volkswagen plans 12,000 more job cuts by 2030 and wants publicly subsidised transfer companies in talks with IG Metall, which calls the proposal a breach of promise. Strikes become possible once the peace obligation ends on 31 December.
- Oct 19
VW plans pay freeze at 2026 levels for 660,000 staff until 2030, works councils say
Works councils say management has told HR managers worldwide to hold pay at 2026 levels until 2030, a plan that Süddeutsche Zeitung estimates would cut purchasing power by about 10%. Volkswagen declined to comment, calling the reports speculation.
- Oct 13
Volkswagen replaces the ID.4 and ID.5 with the electric ID. Tiguan from early 2027
The new electric SUV, priced from about 42,700 euros, opens presales on 13 October and reaches customers in early 2027. Its top version is claimed to reach up to 600 km, and an all-wheel-drive version produces 299 hp.
- Oct 9
Volkswagen unveils ID. Tiguan electric SUV replacing ID.4 and ID.5, orders from mid-October
Volkswagen has unveiled the ID. Tiguan, an electric SUV built in Emden that replaces the ID.4 and ID.5. Orders open in mid-October 2026 at list prices from about 45,000 euros, with deliveries expected in the first quarter of 2027.
- Oct 5
Germany to build multibillion-euro naval base in Emden to expand North Sea operations
Defence Minister Boris Pistorius and Lower Saxony Minister President Olaf Lies signed an agreement to build a 750-hectare naval base in Emden by the early 2030s, creating berths for 27 vessels.
- Sep 5
Volkswagen approves restructuring plan to cut 100,000 jobs and phase out vehicle output at four German plants
The German automaker will eliminate approximately 100,000 positions globally and end car assembly across four domestic factories by 2034, reallocating vehicle lines to Central European plants.
- Aug 23
Volkswagen agrees to 100,000 job cuts and plant reviews under 2030 restructuring plan
The supervisory board approved a turnaround plan targeting a 9% operating margin by 2030, putting four German factories under review and halving the company model range by 2035.
- Jul 24
Volkswagen profit drops 32.9% in Q2 as China sales collapse; group cuts full-year revenue forecast and plans up to 50,000 more job cuts
Net income fell to €1.54 billion in the second quarter, down from €2.29 billion a year earlier, while deliveries in China tumbled more than a third to 424,300 vehicles.
- Jun 26
Volkswagen plans 100,000 job cuts and closure of four German plants in deepest overhaul in its 89-year history
Europe's largest carmaker weighs a radical restructuring that would double earlier cut targets, break a union pact, and shrink production capacity to 9 million vehicles a year.
