A big problem for VW, it is facing a decline in Chinese market share

German car concern Volkswagen is losing market share in China to local carmakers. China is the group’s largest market, and the decline in share represents one of the most difficult challenges for new group boss Oliver Bloome. The Wall Street Journal (WSJ) writes about it on its website. Despite some sales growth in recent months, … Read more

Lightning from the sky: The Porsche family clan removed the head of the VW concern! – Magazine – Car

The clan of the Porsche and Piech families, which own more than half of the voting rights and also a 31.4 percent share in Volkswagen, is said to be behind the sudden dismissal of the head of the VW concern, Herbert Diess. Disputes with unions, an electric card bet and chronic software problems were to … Read more