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Christoph Rauwald
The logo of German carmaker Volkswagen at the main plant of the group in Wolfsburg, northern Germany, in March 2022. German automotive giant Volkswagen said Monday that it could close production sites in Germany as the auto industry struggles to manage rising costs.
BUSINESS / Companies
Sep 3, 2024
Volkswagen weighs first-ever German plant closures amid EV transition woes
Profit margins at the carmaker's underperforming passenger car brand are getting squeezed amid the shift to EVs and a consumer spending slowdown.
Japan Times
BUSINESS
Mar 1, 2022
European defense firms see boost as Ukraine crisis prompts bloc to rearm
Defense stocks had already moved higher last week after the Ukraine conflict escalated, fanning concern over Russia's offensive potentially expanding to other nations.
Japan Times
BUSINESS / Companies
Feb 4, 2022
Audi weighs green energy investment in China to slash emissions
Traditional manufacturers are facing the challenge of stepping up plans to replace gas-guzzlers with electric models that still generate lower profits than combustion-engine vehicles.
Japan Times
BUSINESS
Nov 4, 2021
BMW muscles through chip shortage with profit jump
BMW has navigated turmoil from chip shortages better than others, and in late September went against the tide and raised profit expectations.
Japan Times
BUSINESS / Companies
Jul 12, 2019
VW and Ford extend collaboration to electric, self-driving cars
Volkswagen AG and Ford Motor Co. will cooperate on electric and self-driving car technology, sharing costs on a global scale to take a major step forward in the industry's disruptive transformation.
Japan Times
BUSINESS / Companies
Jun 9, 2018
Porsche picks Taycan as name of brand's first electric vehicle
Porsche AG named its first car to directly compete with electric leader Tesla Inc. the Taycan, as the German manufacturer gears up for what will arguably be its most ambitious and potentially risky vehicle project ever.

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?