HISTORICAL FACTS: 5 | History Defined

Why Do Some Cars Have Dual-Clutch Transmissions?

A dual-clutch transmission can shift gears almost instantly, but that speed comes with a few compromises.

Motor1 · Sep 4

Volkswagen to Slash 100,000 Jobs and Half Its Car Models in 'Most Profound' Transformation in Its History

Volkswagen's major workforce transformation includes 100,000 job cuts across key brands like Audi and Porsche. Learn about the future of German plants and Bentley's Crewe site amid these changes.

International Business Times UK · Sep 4

Little change in European stocks as US equities fall amid strong jobs data

The FTSE 100 index closed down 0.43 of a point at 10,831.09 on Friday, contributing to a 0.4% increase for the week.

Evening Standard · Sep 4

Volkswagen to fire 12% of its India workforce amid major cost overhaul

Volkswagen India is accelerating a three-year restructuring plan to cut jobs. The company aims to reduce its workforce by about twelve percent by 2027. This move seeks to lower costs before the next investment cycle begins. The automaker is also considering a deal for a controlling stake by JSW Group.…

The Economic Times · Sep 4

Global Market: European shares edge lower as investors await US jobs data

European shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the automaker unveiled a restructuring plan involving 50,000 job cuts. Rising oil prices amid Middle East tensions added to inflation concerns, while banking and chemical stocks weighed on…

The Economic Times · Sep 4

Former College Lecturer Admits Killing Married Couple in Drink-Drive Crash After Drinking at Christmas Party

A former lecturer, Sophie Hynd, admitted to causing a fatal crash after a Christmas party, killing a couple and leaving their children to cope with the loss. She faces sentencing soon.

International Business Times UK · Sep 4

Volkswagen to cut up to 50,000 jobs amid growing Chinese competition

Volkswagen has been under unprecedented pressure to restructure the business model that underpinned its success for decades

The Independent UK · Sep 4

Volkswagen approves plan to cut another 50,000 jobs

The German car giant had indicated in July that it would need to make cuts to improve its financial future.

Evening Standard · Sep 4

US jobs report smashes forecasts; shares in Falklands oil explorers plunge as Argentina threatens sanctions – as it happened

Rolling coverage of the latest economic and financial news, as US economy adds 162,000 new jobs in August

The Guardian - UK · Sep 4

Volkswagen to cut 100,000 jobs in biggest ever industry shake-up

German car giant Volkswagen said that management and unions had agreed to cut a further 50,000 jobs by the end of the decade, bringing total job losses to 100,000.

Euronews · Sep 4