Continental AG is signaling it will stop short of making further drastic changes as Europe’s second-biggest car-parts supplier doubles down on a restructuring to improve disappointing performance.
March 9, 2022Monica Raymunt
Business, Safety, Logistics
Smoke billows from the burning Felicity Ace car transport ship on Feb. 16. (Portuguese Navy via Associated Press)
Burnt Ship Carrying Porsches, Lamborghinis Sinks in Rough Seas

The cargo ship that caught fire in the Atlantic while transporting about 4,000 Volkswagen AG vehicles to the U.S. has sunk despite efforts to tow it to safety.
March 1, 2022 Business, Technology, Autonomous
A VW badge on the front of a Volkswagen ID.5 GTX all-electric automobile. (Krisztian Bocsi/Bloomberg News)
VW, Bosch Team Up on Self-Driving Software

Volkswagen AG is partnering with Robert Bosch GmbH to develop a common software platform to bring hands-free driving functions to the German carmaker’s entire fleet in a bid to compete with Tesla Inc.
January 25, 2022 Business
A new Volkswagen AG (VW) ID.3 electric automobile is guided into a storage bay inside a delivery tower. (Liesa Johannssen-Koppitz/Bloomberg)
VW Sales Drop to Lowest in Decade

Volkswagen AG sales dropped to the lowest in a decade last year after the global semiconductor shortage hampered the German manufacturer’s auto output.
January 12, 2022