Volkswagen AG plans to close at least three factories in Germany as Europe’s biggest automaker tries to slash expenses to become more competitive. Proposals to fix the struggling namesake VW brand ...
FRANKFURT, Germany — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history, saying it otherwise won't meet the cost-cutting ...
BERLIN (Reuters) -Volkswagen's cost-cutting programme in Germany, signed off with unions last December, has so far led to an average cut in factory costs of 13%, brand CEO Thomas Schaefer told the ...
Add Yahoo as a preferred source to see more of our stories on Google. Volkswagen employees go on a warning strike in front of the Zwickau plant behind a banner with the slogan "Bad negotiations = ...
Volkswagen plans to close as many as three of its German factories, a move unprecedented in the brand's history, as it looks ...
The German auto giant risks a confrontation with its powerful works council as it contemplates a massive ramp-up in cost reductions that would significantly affect its headcount. Volkswagen is ...
Volkswagen workers across Germany stopped work on Monday as the conflict between the German automotive giant and its employees over changes to labor agreements and potential factory closures escalated ...
BERLIN, Sept 6 (Reuters) - Having lost cheap energy from Russia and facing uncertainty over its once-lucrative trade ties with China, big German business is now facing a crunch point over a third ...
Volkswagen was a key driver of Germany’s post-war economic rise. With the Beetle, Golf, Type 2 bus and many successful models later, the brand cemented its legacy as a household nameplate and a global ...
Local Volkswagen officials may not have been jolted but at least must have been shaken by the news that the German carmaker is considering closing some factories in its home county for the first time ...