this post was submitted on 24 Jul 2026
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Volkswagen profits drop 10% as embattled automaker considers massive job cuts (lite.cnn.com)
submitted 2 weeks ago by beep@piefed.world to c/technology@lemmy.world
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cross-posted from: https://piefed.world/c/tech/p/1283882/volkswagen-profits-drop-10-as-embattled-automaker-considers-massive-job-cuts

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[–] Squizzy@lemmy.world 1 points 1 week ago

Consider margin cuts. The cars are very middle of the road but the prices are stupid. The buzz is 150%+ of the price of the PV5 which cannot keep stock in. The IDs are rare enough near me despite being decent because the costs are not in line with the product.

They pulled API access and want to charge. Audi went all in on nothing. Q range is ugly. A range is great but they cant manage to make EVs. They wnt to charge subscriptions.