23 June 2026
23 June 2026
In May, the global light vehicle (LV) selling rate stagnated, month-on-month (MoM), at 89 million units/year, and remains well below the market result last year.
The moves are tied to $2bn of investment announced since 2024 and further extend the carmaker’s manufacturing base in the US.
Production stoppages expected ahead of the first ‘Neue Klasse’ model in Q4.
The EV maker also removed the second production shift at its AMP-1 manufacturing facility.
The launch marks the first time an export market has been run fully by the Volkswagen brand in China, with vehicle supply also coming from China.
Dedicated ‘zero-carbon’ long-haul routes are being built to encourage the transition.
By the end of 2026, the company is targeting a reduction of up to 5% of its global workforce.
The company said the platform allows customers to assess Infineon automotive MCUs without using physical hardware.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
