Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...

The giant auto producer like all its major competitors has seized on the transition to EV production to cut jobs and labour costs at the expense of its global workforce, including slashing thousands ...

Berlin, Germany - Recent Volkswagen's current predicament is the result of years of evolvement which can be traced back to ...

German industry, reeling from high costs and fierce Asian competition, urged Berlin on Thursday to hold snap elections as ...

Volkswagen’s cost-cutting plan is a stark indicator of the challenges facing Germany’s automotive industry as it contends ...

Tyre maker Michelin plans to close two of its French factories, affecting about 1,250 workers, it said on Tuesday as Europe's ...

What only few saw was that all the fateful decisions had already been taken by then: the close relationship of successive ...

China has reacted sharply to European Union's decision to impose tariffs of up to 45 per cent on its electric vehicles by terminating all major projects in Ge ...

The first Volkswagen factory closures are being considered, while Audi has confirmed the end of its Brussels site.

This decision follows last month's move where the company made 500 temporary positions permanent, highlighting its expansion at the plant, which employs about 12,000 workers. Notably, this development ...

All three of the country’s major industries are in crisis, and the economy is flatlining. Are politicians finally waking up?

Chancellor Olaf Scholz has tried hard in recent days to convince German voters his fractious ruling coalition is still ...