Volkswagen announced a “Christmas miracle” with sweeping changes to its German operations but no immediate factory closures, layoffs, or wage cuts. Still, some 35,000 jobs are on the chopping block in ...
The slowdown in EV demand is squeezing companies that have retooled production to serve what they expected to be a steadily ...
Despite making significant cost cuts, VW will not sell any of its German factories ...
Nevertheless, it is a reminder again of Germany’s toxic reliance on Russian money. This is hardly a shock. Few countries have ...
TOKYO (AP) — Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s ...
VW prepares for an uncertain 'Zukunft' with 35,000 fewer jobs, squeezed by entirely new competitors and rising costs.
Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to ...
Former Volkswagen Group chief executive Martin Winterkorn has accused the judge leading a criminal trial into the 77-year-old ...
VW Group threatened to close up to three plants in Germany, but a deal with workers means those plants are safe.
VW said the agreement will achieve sustainable cost savings for Volkswagen AG of more than €15 billion per year in the medium term. Of this, over €4 billion per year will come from the present ...
Volkswagen on Friday said it had agreed with unions to cut more than 35,000 jobs at its German sites by 2030 in a socially ...