T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...
The German auto giant is overhauling its business to cut costs in the face of low European demand and competition with China.
Volkswagen is arguably Germany's most famous brand, and an enduring symbol of its post-war economic dominance.
Reports of plans by carmaker Volkswagen to shutter at least three plants in Germany were met with outrage from the IG Metall ...
Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces ...
Ailing auto giant Volkswagen has warned that "painful" cost cuts are unavoidable as third-quarter profit plummeted, with ...