Passenger Ground Transportation(IN40216.SH)

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ANALYSIS-Volkswagen CEO Blume, free of Porsche role, under pressure to deliver on turnaround

Volkswagen CEO Oliver Blume faces significant pressure to deliver results following a challenging period for the company, including a 48-billion-euro loss in value. With a focus on reviving sales in China and addressing software development issues, Blume's strategy involves partnerships with local players and a joint venture with Rivian. Investors are concerned about the company's declining position in the Chinese market and the effectiveness of its software initiatives. Blume's ability to navigate these challenges will be crucial for Volkswagen's turnaround in 2023.

Reuters·
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Reuters·
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Lamborghini's record-breaking sales: How Urus SE and Revuelto defy market trends in 2025

Lamborghini achieved record sales in 2025, demonstrating resilience amidst economic challenges, driven by the Urus SE and Revuelto models.

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Key facts: EU-India trade deal cuts VW tariffs; VW recalls 44,551 ID.4s; EU EV sales surpass petrol

The EU and India have signed a trade deal that reduces tariffs on EU cars, including Volkswagen, from 110% to 10% over five years, enhancing Volkswagen's market access in India. Additionally, Volkswagen is recalling 44,551 ID.4 electric vehicles in the U.S. due to fire risks, with dealers providing free software updates and battery replacements. In December, Volkswagen led in electric vehicle sales in the EU, surpassing petrol sales for the first time, highlighting its strong position in the EV market.

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Volkswagen to recall nearly 44,000 US vehicles over battery overheating risk, NHTSA says

Jan 27 (Reuters) - German automaker ‌Volkswagen will ​recall 43,881 vehicles ‍in the ⁠U.S. ⁠because ‌the high-voltage ​battery may ⁠overheat, ‍increasing ​the risk of a fire, ‍the National Highway ​Traffic ‍Safety Administration (NHTSA) said ​on Tuesday. (Reporting by Bipasha Dey ​in Bengaluru; Editing ‍by Sonia Cheema)

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Hybrid cars top choice for consumers in Europe in 2025: data

Hybrid-electric vehicles have become the preferred choice for consumers in Europe, surpassing petrol cars in 2025. According to the European Automobile Manufacturers' Association, 10.8 million new vehicles were registered, marking a 1.8% increase from the previous year. Hybrid sales rose by 13.5%, capturing 34.5% of the market, while battery-electric vehicles saw a 30% increase, accounting for 17.4%. Despite overall sales growth, petrol and diesel vehicles' market share fell to 35.5%. Volkswagen Group led sales growth, while Tesla's sales dropped by nearly 38% due to reputational issues.

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