This article explores the challenges facing the European steel industry, including falling demand, high interest rates, and competition from Chinese electric vehicle imports.
Berlin, Germany - Recent Volkswagen's current predicament is the result of years of evolvement which can be traced back to ...
Volkswagen AG laid out cost-savings proposals to workers that would shore up its financial position while potentially ...
Volkswagen is planning something unprecedented, and it could have an even bigger impact on the company than Dieselgate. It ...
VW faces its biggest crisis in decades as it works to avoid plant closures. But the competition is only starting to mount.
Volkswagen considers shuttering three plants, the result of electric vehicle mandates.
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
Volkswagen is to close three factories in Europe and cut thousands of jobs as its union leader delivers a stark warning to the national government – take ...
Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on ...
In addition to the layoffs, Volkswagen plans to cut salaries across the board by at least 10%, with a pay freeze scheduled ...
Volkswagen’s preferred shares rose 0.7% as of 11:50 a.m. in Frankfurt trading, with some analysts describing the results as better than feared following two profit warnings in the span of three months ...