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 ...
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years. By Keith Bradsher Reporting from Urumqi ...
Workers and management hold second round of talks Volkswagen could shut plants for first time in Germany Q3 profit drops 42%, lowest in three years Hit by high costs, weak demand in China and ...
Volkswagen VOW3-1.16%decrease; red down pointing triangle said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China. The German ...
A sharp drop in profit at Volkswagen only intensified the bad news on economic growth. The troubles facing the German economy are captured by the crisis at the country’s largest manufacturer ...
VW’s new offshoot EV company Scout Motors, which revealed its first two vehicles last week, will use the software and zonal architecture being developed by the joint venture between Rivian and ...
Although Volkswagen’s car lineup has seen serious changes the last few years, the German automaker remains committed to offering a full range of body styles with numerous powertrain options.
Volkswagen, Europe's biggest carmaker, is in the midst of a severe sales and cost crisis that it says requires plant closures and layoffs. Talks to rescue VW have started, but could Germany's car ...
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 ...
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 ...
Word that Volkswagen could close three vehicle factories, cut 10,000 jobs and impose steep across-the-board pay reductions is a warning for Americans about the peril of Biden-Harris climate policy.
Volkswagen faces an unprecedented crisis, planning factory closures, job cuts, and wage reductions to stabilize operations. Europe’s largest automaker proposes a 10% wage cut for around 140,000 German ...