China Engages Volkswagen and Bosch Leaders to Ease EU Trade Tensions

China Engages Volkswagen and Bosch Leaders to Ease EU Trade Tensions

  • March 23, 2026

China’s Commerce Minister Wang Wentao has held high level discussions with senior executives from German industrial giants Volkswagen and Bosch, focusing on stabilizing economic ties and addressing trade challenges between China and the European Union. The meetings come at a time of heightened

Volkswagen Targets 20 Percent Cost Reduction by 2028 Amid Global Market Pressures

Volkswagen Targets 20 Percent Cost Reduction by 2028 Amid Global Market Pressures

  • February 16, 2026

Volkswagen is preparing a broad cost reduction strategy aimed at cutting expenses by 20 percent across all its brands by the end of 2028, according to German business media reports, as Europe’s largest automaker seeks to navigate mounting global challenges including weaker demand