Jefferies analyst said that Volkswagen's unions "can only strike on pay, not plant closure or layoffs if the latter are not ...
Tavares says the key to avoiding a fate similar to VW’s is selling EVs at the same prices as traditional gasoline models.
Volkswagen AG could force through decisions on plant closures this year, paving the way for more than 15,000 job cuts, ...
Volkswagen executives defended plans to consider the unprecedentedclosure of factories in Germany during a heated meeting ...
Stellantis has already taken measures and is working hard to avoid the risk of plant closures facing rival Volkswagen, the ...
Volkswagen’s decision to consider closing some of its factories in Germany as part of a €10 billion ($11 billion) cost-cutting plan has sent shockwaves through the country's automotive industry.
German automotive giant Volkswagen said Monday it could take the unprecedented move to close production sites in Germany and ...
A global factory network, built for as many as 14 million vehicles, churned out barely 9 million vehicles last year as its ...
“In the current situation, even plant closures at vehicle production and ... The difficulties were particularly acute in Germany, which “is falling further behind in terms of competitiveness ...
Volkswagen's announcement on Monday (September 2) that it is considering closing factories in Germany is unprecedented in the German automaker's 87-year history. Such plant closures were ...
Volkswagen executives faced strong opposition from employees during a heated meeting as they defended plans to consider closing factories in Germany ... job cuts and plant closures.
Volkswagen, one of the world’s leading automakers, is reportedly considering the closure of two of its manufacturing plants in Germany ... The potential closures would be the first of their ...