Factbox-The main points of Volkswagen's deal with unions on German sites and jobs

Volkswagen and unions agree to cut over 35,000 jobs in Germany by 2030, introduce job protection, and reduce production capacity amid declining demand.

Porsche withdraws guidance as it expects up to €20B impairment charge

Porsche Automobil Holding SE withdraws its 2024 earnings forecast due to expected non-cash impairment losses on investments in Volkswagen and Porsche AG, estimating losses between €8 billion and €22 billion.

Volkswagen India hit with $1.4 billion tax evasion notice - Reuters

Auto industry could see annual EBITDA fall 17% amid Trump's tariffs, S&P estimates