Volkswagen is bracing for a more intense restructuring plan than initially anticipated, which could result in tens of thousands of job cuts among its German workforce — marking one of the ...
By Melissa Eddy Melissa Eddy covers Volkswagen and German business from Berlin. Volkswagen could shut down as many as three factories in Germany and lay off tens of thousands of workers as it ...
WOLFSBURG, Germany (Reuters) -Volkswagen asked its workers to take a 10% pay cut on Wednesday, arguing it was the only way that Europe's biggest carmaker could save jobs and remain competitive as ...
BMW and Mercedes-Benz have issued profit warnings in recent weeks amid slumping EV sales in Europe and brutal competition in China, while Volkswagen is also facing a reckoning. On Wednesday VW ...
Volkswagen AG plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of German workers as Europe’s biggest automaker tries to halt its ...
BERLIN — German car manufacturer Volkswagen is for the first time in its 87-year history planning to close production sites in its home market, the company's works council said Monday. The car giant, ...
For its part, Volkswagen Group has around 300,000 employees in Germany of which the 87-year-old VW brand employs around 120,000. Many local economies depend on VW — it is the country's biggest ...
LONDON, Oct 28 (Reuters) - Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots ...
Delivery of vehicle and signing of paperwork done in an hour. Highly recommend Lenny and Kuhn Volkswagen to family and friends! Dealt with Lenny Martinez from beginning to end. He made the entire ...
VW, unions in weekly talks ahead of next negotiation round Focus is on finding common understanding of issues, union says Unions threaten to paralyse VW if sites are closed VW says new strategy to ...
Your browser does not support the audio element. Skoda Auto Volkswagen India Pvt Ltd (SAVIPL) is gearing up to produce a range of mainstream electric vehicles to be ...