Volkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...

Pernod Ricard has seen a significant decline in profits, primarily driven by soft market conditions in the US and China. The company's annu...

Volkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...

Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...

Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...

As competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...

Volkswagen is planning a significant overhaul of its United States strategy. New management will lead the company's revised product offerin...

JSW Group plans a new entity for its Volkswagen alliance talks. This partnership will focus on mass-market VW and Skoda vehicles. Manufactu...

Volkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costl...

Volkswagen's works council will host staff assemblies with CEO Oliver Blume in August. Workers can question him about plans that threaten u...

Volkswagen's CEO revealed plans for up to 50,000 additional job cuts. This move aims to match rival automakers' competitiveness and reduce ...

Volkswagen's CEO is pursuing cost cuts to improve automaker performance. He aims to avoid closing German plants while streamlining the mode...

Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...

Volkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...

Volkswagen CEO Oliver Blume addressed concerns about his dual role leading both Volkswagen and Porsche. Blume stated that no decision has b...

Talks about Google Automotive Services are underway, Blume said, adding the carmaker was also in talks with technology firms in China about...

At a gathering of global top managers in Lisbon, new Chief Executive Oliver Blume said he had developed a ten-point plan focusing on topics...