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Volkswagen exec starts in new CarMax C-suite role

Elizabeth Dirgins was named CarMax's inaugural chief digital and customer officer and executive vice president.

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Oct 5 • 4:40 PM EDT • Business • virginiabusiness.com
Is metascience being co-opted?

In July, the White House released a report that argued academia is deeply dysfunctional and in need of radical reform.Science: A New Golden Age sets out a litany of problems many academics will recognise: interminable waits for grants; short-term funding rather than support for longer, more ambitious projects; ballooning administrative requirements; pressure to publish, and many more. “The scientific machine is getting bogged down,” it says. At least on the face of it, Science: A New Golden Age is a triumph for the metascience movement, a loose-knit, global group of academics, philanthropists and think tankers that want far more testing and experimentation in how we fund public research and innovation. The report tells US research funders to set up internal metascience units to do just this. But it has also set alarm bells ringing that metascience is being conveniently deployed to help justify the defunding of US universities, which US vice president JD Vance has openly labelled “the enemy.” “Just because you have an issue with your plumbing in your house doesn't mean you light the entire house on fire and burn it to the ground,” said Colette Delawalla, chief executive of Stand Up for Science, a group campaigning against what it says are attacks on scientists by the Trump administration. No one is arguing that academia doesn’t need reform, but there’s debate over how far and how fast the system should be shaken up. Does public R&D need slow and steady evidence-based adjustment, or radical new experiments?One of the key arguments in Science: A New Golden Age is that there’s not enough funding for what it calls “mid-level” science: engineering-heavy projects that require tens of millions of dollars, involve ten to a hundred people, and last around five years. Such a project might develop a brain-computer interface for people with Alzheimer's disease, for example. As such, the US National Science Foundation (NSF) has already announced $1.5 billion to set up so-called X-Labs, effectively new research organisations to pursue breakthroughs in areas such as quantum sensing and new scientific instruments. Funding divertedBut there’s a catch: this money has squeezed NSF budgets for more traditional, fundamental research grants, Science reported in June, likely meaning less cash for university-based scientists. Science: A New Golden Age also makes various swipes at universities, accusing them of extracting overheads from scientists to fund administrative bloat. “We have become dependent on a narrow set of legacy institutions,” it says. The report doesn’t mention it, but the US government is simultaneously seeking greater powers over federal funding, which would allow political appointees at funding agencies to screen or cancel research grants mid-project. The White House is also seeking to slash the NSF’s budget by more than half in 2027, although similar cuts proposed for 2026 were blocked by Congress. Convenient hookThis has worried some that the metascience agenda could be misused as a kind of smokescreen to further weaken universities. James Wilsdon, executive director of the Research on Research Institute at University College London, said that the report contains lots of “interesting ideas” and agrees that in places, academia is a “pretty broken system.” But the risk is that metascience is being deployed as a “convenient hook” to support cuts and a “political land grab” to transfer grant power from scientists to political appointees in US funding agencies.So far, the metascience agenda hasn’t been seized on by radical right parties in Europe. But Wilsdon worries it will cross the Atlantic, politicising research reform efforts and making them more difficult to carry out. The report is already making some in Europe sceptical of the entire idea. “The system is not without flaws, but the metascience discussion is not likely to improve the system but rather to generate munition to undermine it,” said Claes de Vreese, a professor of AI and society at the University of Amsterdam. Peter Thiel protégéOfficially, Science: A New Golden Age has just one named author: Michael Kratsios, the director of the Office of Science and Technology Policy and a former chief of staff to Silicon Valley mogul Peter Thiel. He also served as chief financial officer of Thiel’s Clarium Capital Management. Since the 1990s, Thiel has criticised US universities for moving away from teaching what he views as the classic works of western civilisation, and drifting towards “anti-Western zealotry.” And since 2011, he has offered two-year fellowships of $250,000 to young people to skip or drop out of university, and instead start companies or pursue scientific research. “College can be good for learning about what’s been done before, but it can also discourage you from doing something new,” according to the Thiel Fellowships website. In other areas, the Trump administration has promoted academics with a longstanding interest in metascience. For example, the head of the National Institutes of Health, Jay Bhattacharya, in 2020 co-authored a study arguing the funder backs overly conservative proposals, although he achieved wider prominence as a critic of pandemic lockdowns. Careless talk costs fundingEven before the Trump administration embraced the metascience agenda, some metascientists privately wondered whether they should be careful not to overstate dysfunctions in academia, in case this gets used as ammunition against universities. But others think being cautious with criticism is pointless. After all, last year, the Trump administration sought to cut funding from US universities on an entirely different premise: supposed antisemitism on campus. “I don't think these governments need a technical metascientific excuse to attack the universities, they will want to do so anyway,” said Will Stone, a researcher at Science Works, a new think tank advocating for a “metascience revolution” in the UK. “I think researchers should report what they find, even when the findings may be used to advance policies they disagree with,” echoed Russell Funk, a researcher at the University of Minnesota, who in 2023 co-authored a highly influential paper that argued scientific papers were becoming less disruptive over time. No justificationThat said, Funk thinks that metascientific research certainly doesn’t justify a weakening of universities. Instead, scientists need “time, resources and stability to pursue unfamiliar ideas,” he said. “Taking away those conditions works against the very goal the reforms are supposed to achieve.”The Institute for Progress, a Washington DC-based innovation policy think tank that has championed X-Labs and metascience units, also says that reforms should complement, not supplant, universities. “Unpredictable, unreliable, and reduced federal funding to researchers is destabilising to the very foundations of research and development and is bad,” said Jenn Gustetic, the institute’s director of metascience and R&D policy.Evolution or revolution?This points to a much bigger divide in the metascience community: how far and how fast should public R&D be shaken up? Does it need evolution or revolution? For example, Science: A New Golden Age says the science system relies too heavily on traditional “workhorse” project grants, the type that pay out around $250,000 a year to fund “hypothesis-driven science by small teams on tractable questions.” However, in criticising project grants, the report “decisively picks one side of a debate that is far from settled,” David Hilmer Rex, a metascientist based in Denmark, has written. In June, Pierre Azoulay, a metascientist at the Massachusetts Institute of Technology, defended project grants, saying that the alternative of X-Labs “merits scepticism.”A-B testingOne challenge in metascience is that it’s easier to generate evidence for some types of change than others. Most straightforwardly, research funders can run A-B tests on different ways of awarding money. For example, Germany’s Volkswagen Foundation recently trialled distributed peer review, where applicants rate each other’s proposals, and measured its results against traditional review panels. Distributed peer review made quicker decisions, although awarded money to largely different ideas. However, much of the focus of the metascience movement has been on founding fast-moving and free-acting new research organisations and funders, in contrast to the alleged stodginess of mainstream academia or public innovation grants. A culture of speed and freedom are the animating principles behind Germany’s Sprind or the UK’s Advanced Research and Invention Agency (Aria).Related articlesViewpoint: it's time to experiment with how Europe funds science European researchers sound the alarm that Trump rule changes will hit cooperationHowever, while it’s possible to closely study previously successful bodies, such as the US Defense Advanced Research Projects Agency (Darpa), for historical clues to their secret sauce, it’s impossible to guarantee in advance that the likes of Sprind or Aria will actually work as hoped. But advocates of new organisations say this inherent uncertainly shouldn’t stop us trying. “If we wait for definitive proof that something will work before we try it, I don't know where your proof is coming from,” said Stone. Trade-offsUp until now, experiments in metascience haven’t generally come with hard trade-offs over money. In the US, new ideas such as focused research organisations have often been funded by billionaire philanthropists. In Europe, new innovation agencies such as Sprind and Aria, or the Netherland’s new National Agency for Disruptive Innovation, haven’t needed explicit cuts elsewhere in the research system. But with the $1.5 billion establishment of X-Labs by the NSF, the trade-offs are becoming clearer. Some metascientists privately wonder whether a smaller pilot would have been more appropriate, given that the idea is untested. The Institute for Progress counters that the $1.5 billion X-Labs budget is spread out over a decade, so will account for less than 2% of the NSF’s annual budget. “It’s important to remember that [Darpa] was once an institutional experiment as well. Now it’s one of the most cited innovative funding models in the world,” said Gustetic.As for Europe?The US isn’t the only country placing metascience at the heart of its research strategy. Science: A New Golden Age looks admiringly at the UK, which in 2024 set up a Metascience Unit to scrutinise how it funds research. In Brussels, it’s more of a mixed picture. In 2018, the EU set up the European Innovation Council to funnel grants and equity to start-ups, although it’s sometimes criticised for awarding money too slowly. Recently, the council has started experimenting with challenges, where teams of inventors compete to overcome a technological challenge. The European Commission also wants to experiment with partially randomising grant winners, to cut down on bureaucracy. However, the Commission’s own advisers have said the EU’s own research schemes are too conventional. They want the Commission to establish a new dedicated unit to scrutinise and experiment with funding. But there’s no sign of a such unit emerging in Brussels’ plans for the next Horizon Europe programme, which from 2028 is set to distribute more than €160 billion over seven years. Sam Bogerd, director of breakthrough innovation at the Brussels-based Arq Foundation, an AI-focused think tank that also looks at metascience, says that Europe might have the opposite problem to the US: universities and basic research funding are still reasonably well supported, but there’s not enough experimentation. “We're not taking a close enough look at where this money can achieve the most, and I am worried that the good ideas around metascience will be tainted politically by their association with the Trump administration,” he said. He’s still lobbying for the Commission to set up an experimental unit. But in the meantime, the Arq Foundation plans to do its own research, and is currently hiring two metascience researchers to run the rule over how Brussels spends research funding.

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Sep 24 • 8:00 AM EDT • Science • sciencebusiness.net
Xpeng’s Tech-Licensing Expansion Meets a Core Auto Business Still Losing Money

Xpeng Inc. (NYSE:XPEV) is looking to expand its technology partnership with Volkswagen by pursuing similar deals with other automakers. The move follows a quarter in which services and other-business revenue nearly doubled, with the Volkswagen deal providing the key boost. However, the same results also highlighted growing pressure on the company’s core vehicle business. Its […]

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Sep 22 • 8:36 AM EDT • Business • finance.yahoo.com
Porsche CEO assures staff no further job cuts planned, according to memo

Porsche CEO Michael Leiters told staff ​there were no plans ‌to cut an additional 4,000 jobs at the ​Volkswagen sports car ​subsidiary, according to an internal ⁠memo seen by ​Reuters on Monday.

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Sep 21 • 3:30 AM EDT • Business • reuters.com
Volkswagen recalls 208,000 SUVs over bolts that could cause steering loss

Volkswagen is recalling more than 208,000 vehicles due to a faulty steering rack bolt that could break and cause a loss of steering control.

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Sep 21 • 2:43 AM EDT • Business • foxbusiness.com
Nearly 1 in 3 Porsche Employees Could Go by 2035

Volkswagen Group reportedly wants Porsche to cut another 4,100 jobs, on top of 9,000 already planned.

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Sep 20 • 4:30 PM EDT • Business • thenewstribune.com
Nearly 1 in 3 Porsche Employees Could Go by 2035

Volkswagen Group reportedly wants Porsche to cut another 4,100 jobs, on top of 9,000 already planned.

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Sep 20 • 4:30 PM EDT • Business • newsobserver.com
Porsche Faces Thousands More Job Cuts as Volkswagen Overhauls Its Business

Porsche could reportedly cut 4,100 jobs amid a profit warning. This comes amid Volkswagen’s larger plan to lay off 50,000 employees by 2030. Reuters quoted German outlet Handelsblatt, which stated that internal documents outlining Volkswagen’s newly approved restructuring plan, described…

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Sep 20 • 11:22 AM EDT • Business • finance.yahoo.com
Porsche could face another 4,000 job cuts, Handelsblatt reports

Volkswagen's sweeping turnaround plan foresees more than 4,000 further job cuts at ​Porsche , German business daily Handelsblatt reported on Saturday, ‌following a profit warning linked to problems at the sports car subsidiary.

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Sep 19 • 7:12 AM EDT • Business • reuters.com
Building the Valley: Hillcrest Auto looks to build business on knowledge of sales market

Wayne Caprino and Nino Ionadi played youth baseball together growing up in Highland Park. The pair later met Tim White when they worked together at the former Hillcrest Volkswagen in Lower Burrell. While opening their own business was always in the back of the trio’s minds, after Hillcrest VW closed

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Sep 17 • 10:44 AM EDT • Business • triblive.com
2. Bundesliga Preview: VfL Wolfsburg vs. SV Darmstadt 98

Florian Kohfeldt will return to Volkswagen Arena on the opening day of matchday 6 in 2. Bundesliga. The 43-year-old had an unsuccessful stint in Wolfsburg after his coaching breakthrough with Werder B...

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Sep 17 • 3:00 AM EDT • Sports • sports.yahoo.com
Why Are So Many Parked Cars Catching On Fire?

When I was about nine years old, I was riding in the back of my family’s old ’68 Volkswagen Beetle when the car started to lose power and slow down. My mom, who was driving at the time, began to pull over to the side of the road, and at that moment I looked behind […]

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Sep 8 • 4:52 PM EDT • Science • theautopian.com
Will a Turnaround Plan Revive Volkswagen or Merely Delay Its Demise?

The beleaguered auto giant reached a deal with unions to cut tens of thousands of jobs and slash production. Is it enough to revive an iconic German company?

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Sep 5 • 5:03 AM EDT • Business • nytimes.com
Volkswagen Aims to Revive U.S. Business

Plus, Ford Motor sets ambitious sales target for its new electric truck.

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Sep 4 • 7:09 AM EDT • Business • wsj.com
UK car sales hit eight-year high in August; Volkswagen approves another 50,000 job cuts

Rolling coverage of the latest economic and financial news

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Sep 4 • 2:31 AM EDT • Business • theguardian.com
VW plans 50k more job cuts amid biggest overhaul in its history

Volkswagen, the world's second-largest automaker, is trying to get more nimble. It's planning huge job cuts as Chinese automakers step up competition.

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Sep 3 • 5:52 PM EDT • Business • businessinsider.com
Audi must work with Volkswagen to realign business, CFO says

Volkswagen's premium brand Audi must work with the ​group towards a comprehensive restructuring, the subsidiary's finance ‌chief said on Monday, after reporting declining sales in the first half of the year due to weakness in ​China and the U.S.

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Jul 27 • 3:46 AM EDT • Business • reuters.com
How Sport Will Change on a Hotter Planet (We Might Have to Move the Olympics) | Climate & Energy for July 16

Plus: The Strait of Hormuz isn’t going back to normal, and the Chinese EV wave threatens Volkswagen’s vast, well-paid workforce

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Jul 16 • 9:30 AM EDT • Business • wsj.com
Volkswagen’s Vast Jobs Factory Is Under Threat Like Never Before

The world’s second-largest automaker plans to halve its lineup of cars as part of its second major overhaul in two years.

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Jul 10 • 4:24 AM EDT • Business • wsj.com
Volkswagen stakeholders meet to decide future of creaking auto giant

Volkswagen's proposal to slash tens of ​thousands more jobs and close factories faces a major test on Thursday as the groups that ‌control Europe's largest carmaker meet to discuss the plans, drawing worker protests at plants across the country.

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Jul 9 • 1:05 AM EDT • Business • reuters.com
Volkswagen reportedly planning to axe 100,000 jobs

Volkswagen, one of the world’s largest automakers, is reportedly planning to axe as many as 100,000 jobs over the next few years, representing 15% of its global workforce.

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Jun 26 • 8:23 AM EDT • Business • cnn.com
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AI Is Forcing Big Law to Rethink Business As Usual

In 2021, Volkswagen AG approached the global law firm Freshfields with a problem. The German carmaker’s technology unit was preparing to release new software features and wanted to make sure that they would be compliant in the more than 100 countries where Volkswagens are sold. Ordinarily, Freshfields said, it would bring in lawyers from each jurisdiction to vet the updates, budgeting thousands of euros per country — a process that would need to be repeated if any components changed in the futur

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Jun 1 • 1:56 AM EDT • Business • bloomberg.com
VW Ads Have Occasionally Ventured Into Science Fiction

Usually when I talk about Volkswagen advertising, I tend to talk about their golden age of ads, the midcentury ones created by Doyle Dane Bernbach (DDB) that we all know, the ones that have become icons of advertising. The other day when I wrote about car ads that feature zero cars in them, I referenced […]

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May 15 • 8:00 AM EDT • Science • theautopian.com
Lower Burrell nets air conditioning and heating business at former Hillcrest Volkswagen

Mark Williamson is in the business of heating and cooling, but he says his company’s ethos is a bit more than that. MW Mechanical Services, which Williamson founded in New Kensington in 2022, installs and repairs residential and commercial air conditioning and heating systems across Soutwestern Pennsylvania. It also services

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May 1 • 12:15 PM EDT • Business • triblive.com
Volkswagen's Cisek on China Business

Volkswagen is accelerating its China strategy by deepening partnerships with local technology and electric vehicle makers, including Xpeng, as it faces intensifying competition and a prolonged price war. The company is pushing greater localisation across manufacturing, R&D and product development to shorten vehicle cycles and cut costs. The strategy comes as China's auto market shifts toward replacement buyers and faster innovation, putting pressure on foreign carmakers to adapt quickly. Robert Cisek, Passenger Cars Brand China CEO at Volkswagen, spoke with Stephen Engle on Insight with Haslinda Amin from the Beijing Auto Show.

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Apr 24 • 1:06 AM EDT • Business • finance.yahoo.com
Can defense contracts save VW's Osnabrück factory?

Volkswagen's Osnabrück plant is still building cars, but the order book is drying up quickly. As work fades, could a move into defense manufacturing save 2,500 local jobs? So far, the company is staying tight-lipped.

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Apr 15 • 9:06 AM EDT • Business • dw.com
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Volkswagen's TSI Vs. TFSI Engines: The Main Differences Explained

The main differences between Volkswagen's TSI and TFSI engines only come from their names and which models they're used in. TFSI is only in Audi cars.

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Apr 5 • 1:05 PM EDT • Technology • jalopnik.com
The deal with Israel's Rafael: Why is Volkswagen returning to the missile business 81 years after WWII?

Volkswagen, Founded by Hitler and a Producer of Missiles for the Wehrmacht in World War II, Is Set to Have One of Its Plants Manufacture Iron Dome Components for Rafael. After Having Suffered a 44 Percent Drop in Profits Last Year, VW May Be Pivoting Toward the Booming Defense Industry

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Mar 29 • 2:20 AM EDT • Business • haaretz.com
The Saga Of This Cheap Bentley Flying Spur Shows Off Just How Tough Volkswagen's W12 Can Be

It withstood years of overheating, enough to stretch head bolts and damage a coolant tank, and is still running as smoothly as it did two decades ago.

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Mar 15 • 3:25 PM EDT • Technology • jalopnik.com
VW receives preliminary bids for diesel engine unit Everllence at around $9.4 billion, sources say

Volkswagen VOWG_p.DE has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.44 billion) including debt, according to three people familiar with the discussions, above what some analysts had estimated.

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Feb 27 • 7:36 AM EST • Business • reuters.com
Volkswagen Revives The Golf GTI W12 For GTI's 50th Anniversary

Volkswagen painted the 650-horsepower, W12-engined Golf GTI W12-650 red to celebrate GTI's 50th birthday, and it's never looked better.

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Feb 19 • 4:15 PM EST • Technology • carbuzz.com
Volkswagen Revives The W12 Golf And It Sounds Incredible

The rear-wheel-drive Golf with a Bentley heart is just as spectacular as it was nearly two decades ago.

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Feb 19 • 4:54 AM EST • Technology • motor1.com
International science cooperation must go on, say research leaders

Science leaders in Europe and Canada say international cooperation must go on amid geopolitical turmoil. At the same time, Europe and like-minded countries should continue to enhance and diversify international partnerships, a Science|Business conference hears. Hugh Brady, president of Imperial College London, told delegates that Europe’s response to the current geopolitical climate should be to “diversify in terms of research partnerships and build resilience and scale into our own system.”A first priority should be for the EU to sort out the scope of the upcoming European Competitiveness Fund and ensure that, together with the next iteration of Horizon Europe, it can drive the development and scale up of new technologies. The EU and the countries associated to the Horizon Europe programme represent “the world's most successful research innovation ecosystem,” Brady said. In order to mitigate the negative effects of shifting geopolitics, the EU together with the UK, Switzerland, Canada, South Korea and others should talk about “building resilience” and address their own “regional needs,” he added. Responding to TrumpUnder Donald Trump’s leadership, the US government has slashed science budgets and shut down international research programmes. Nearly 8,000 grants at the National Institutes of Health and the National Science Foundation have been frozen or terminated. Courts have overturned most of these cancellations, but the disruption caused remains significant. While Europe may persuade a few thousand disgruntled scientists to move across the ocean to work on topics that have been de-funded in the US, it’s unclear what should happen next with transatlantic scientific cooperation more broadly.“Now is the time for us to show [US researchers] our support as much as we can,” Brady said.The European Research Council (ERC), the EU’s basic science funder, has seen a surge in applicants from the US. According its latest data, US-based researchers submitted 347 proposals to the last three big funding rounds, up from 158 in the previous set of calls. The European Commission has also launched a €22.5 million pilot call in 2025 for the Marie Skłodowska Curie Actions, the EU’s researcher training scheme. It plans to extend this support with a €51.25 million call in 2027 as part of the Choose Europe initiative, which is intended to make the continent a more attractive place to pursue a career in research. Related articlesData corner: US researchers are choosing EuropeEU-India deal highlights growing alignment on technology policyMeanwhile, in the private non-profit sector, the Volkswagen Foundation is experimenting with a new type of grant that would allow US researchers to split their time between the US and Germany. While these schemes are useful, Europe should not bet on an exodus of scientists from the US. “The idea that we might all see them flocking over to Europe is naïve and counterproductive,” said Maria Leptin, president of the ERC, also speaking at the Science|Business conference on February 5. “We need research in the US to be as healthy as possible. I really admire those who are staying there with a will to fight and an optimism that the world will turn into a better place again,” Leptin said. Preserving dataDespite political disruption, academics have found ways to continue cooperating and sharing research data. Leslie Weir, president of the International Federation of Library Associations and Institutions and Canada’s national librarian, said the US cuts have raised concerns about research data security, after ideologically sensitive databases were limited or deleted by the Trump administration. But international organisations teamed up to ensure that the data is not lost. “It's interesting to see that researchers and libraries across North America are collaborating to make sure that data at risk is duplicated elsewhere outside [the US],” Weir said.

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Feb 5 • 7:00 AM EST • Science • sciencebusiness.net