„Porsche“ will lay off 5000 employees by 2035
The German luxury sports car manufacturer Porsche, belonging to the German automotive giant Volkswagen Group, announced on Monday according to the strategic…
Volkswagen
Read More
Volkswagen’s profit fell, more layoffs are being considered
German company Volkswagen – Europe’s largest car manufacturer – announced on Friday that its net profit significantly decreased in the second quarter, therefore the company…
What connects “Seat”, “Fiat” and “Volkswagen”?
The automotive industry is a complex and ruthless business. The list of defunct car manufacturers is much longer than that of successful ones.
„Volkswagen“ CEO: may need to lay off another 50,000 people
The head of the German automobile manufacturing giant Volkswagen, Oliver Blume, stated that it may be necessary to lay off about 50,000 more employees for the group to reach the current…
Compared BMW, Toyota and Volkswagen drivers: who are the best price experts?
In Lithuania, the image of BMW drivers is often associated with aggressive driving, however, the data from the digital insurance platform “Edrauda.lt” reveals another side – BMW owners…
In May 2026, major changes in the new passenger car market
According to preliminary data from “AutoTyrimai,” in May 2026, the registration of new passenger cars (M1 and N1) in Lithuania increased by 16.8% to 5,238 units. In May 2025, the country had…