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VW PLANTS CLOSURE
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...- Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
- Volkswagen preparing staff for temporary plant closures, Bild reportsVolkswagen is alerting its staff about possible temporary plant shutdowns. An internal letter warns of potential disruptions. While current...
- A ‘Made in China’ crisis awaits big autoThe profound and sustained challenge to auto industry economics will force cost cutting, mergers — and all the political wrangling, labor u...
- Volkswagen, union extend crunch talks over plant closures and pay cutsVolkswagen and its labor union are locked in intense negotiations to avert plant closures and pay cuts. Progress has been made, but a deal ...
- Volkswagen, unions likely to strike deal in small hours or break off till next year, source saysVolkswagen and German unions are in crucial talks to avert escalating strikes. Negotiations, aiming for a cost-cutting deal before Christma...
- Volkswagen bets on US startup to save its EV strategyVolkswagen, struggling against US and Chinese electric vehicle rivals, partners with Rivian to revamp its EV software strategy. The German ...
- Volkswagen CEO clashes with workers as conflict over closures, pay deepensVolkswagen CEO and labor representatives clashed over proposed plant closures and pay cuts during a staff meeting. The CEO cited intense co...
- Volkswagen workers to go on warning strikes across GermanyVolkswagen employees in Germany will begin warning strikes on Monday following stalled wage and plant closure negotiations with Europe's le...
- Strikes to hit Volkswagen in December as clash with labour escalatesVolkswagen workers in Germany could go on strike as early as next week, with the IG Metall union warning of "necessary" walkouts starting f...
- In high-wage Germany, Volkswagen's labour costs outstrip the competitionVolkswagen faces pressure to reduce labor costs in Germany as they exceed those of rivals like BMW and Mercedes-Benz. While unions demand a...
- Volkswagen's EV Woes: From 'das auto' to 'drive digger' and the road aheadVolkswagen, after facing setbacks in its electrification strategy, is announcing plant closures and layoffs. The company's struggles stem f...
- VW talks with unions are 'serious, critical and controversial', works council chief saysVolkswagen is in contentious talks with unions over planned cuts to its German sites. Weekly meetings cover savings, production plans, and ...
- Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reportsVolkswagen and its Chinese partner SAIC plan to close at least one plant in China due to slow demand for combustion engine cars. The Nanjin...
- Volkswagen factory threat stress-tests Germany's economic modelGerman industry faces a crisis as Volkswagen threatens to close factories, challenging the nation's consensual industrial relations model. ...
- Which Volkswagen factories in Germany could be hit by layoffs or closed?Volkswagen plans to end its job security programme, in place since 1994, due to competition from Asian rivals. This move could impact sever...
- Volkswagen goes head-to-head with workforce over proposed company cutsVolkswagen management will address a tense workforce at its Wolfsburg headquarters, proposing significant cuts, including factory closures ...
- Volkswagen considers historic German plant closures in cost driveVolkswagen is considering closing two factories in Germany amid rising competition from Asian carmakers. This marks a significant clash bet...
- Market Movers: Rupee at 70? Monsoon blues, return of FPIs and moreA lowdown on top macro triggers that may move market on Monday.
- Auto production cuts likely at Porsche, VW: SpokesmenThe biggest European carmaker, Volkswagen, and its future owner Porsche said today that they would very likely suspend production temporari...
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