Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and cut salaries in response to ...
The German auto giant is overhauling its business to cut costs in the face of low European demand and competition with China.
Germany’s auto industry is faltering in large part because China’s burgeoning EV sector has outcompeted German carmakers both ...
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...
Reports of plans by carmaker Volkswagen to shutter at least three plants in Germany were met with outrage from the IG Metall ...
(Reuters) -Volkswagen plans to shut at least three factories in Germany, the carmaker's works council head said on Monday, ...
Berlin, Germany - Recent Volkswagen's current predicament is the result of years of evolvement which can be traced back to ...
The auto maker’s top employee representative told workers that management planned to shutter three German factories to cut ...
Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces ...
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.