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VOLKSWAGEN GERMANY OFFICES
European shares slip as tech selloff bites, Zalando slidesEuropean markets retreated from record highs Friday, with tech stocks mirroring global weakness. Zalando shares plunged after a German prob...
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 labour leaders stand by 'red line' on plant closuresIn a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...
Porsche loses speed on a curvy roadPorsche AG's sales dropped significantly in the first quarter. China saw a steep decline in luxury spending, impacting deliveries. Model ch...
Volkswagen to take Dieselgate case to federal courtVolkswagen plans to appeal a court ruling related to the Dieselgate scandal. A court found that the company's Golf Plus TDI model had illic...
Volkswagen boosts bet on Rivian's EV tech by $800 millionThe companies also named leaders for their multibillion-dollar joint venture and showcased a prototype EV. The spending may ease concerns a...
Volkswagen closure: Workers aren't the only ones worriedVolkswagen is considering closing some factories in Germany for the first time in its history to meet cost-cutting goals. The automaker aim...
As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worriedVolkswagen is considering closing some factories in Germany for the first time in its history to meet cost-cutting goals. The company needs...
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. ...
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...
Porsche enters stock market with historic IPO. See price of its sharesThe listing broke records and saw Porsche's market cap of around $72 billion was above rivals Ferrari and slightly lower than Volkswagen.
European industry faces growth pangs amid soaring energy pricesEurope is paying seven times as much for gas as the US, underscoring a dramatic erosion of the continent's industrial competitiveness that ...
Volkswagen CEO will step down by September 1Oliver Blume, who is now CEO of Porsche, will succeed Diess. Volkswagen also said the company's chief financial officer, Arno Antlitz, will...
German carmakers race to retrain workforce for electric ageAfter her apprenticeship at Volkswagen, Michelle Gabriel was a master at welding, cutting, bending and stretching metal, but just a few yea...
Pollution cheat device: Noida police books German carmaker Volkswagen group firms, officialsBusinessman Aniljit Singh said in his complaint that he was sold “substandard” vehicles after misrepresentation of facts on emission. He sa...
Back to business: Production resumes at Volkswagen's Wolfsburg plantAround 8,000 employees are returning to the production halls.
VW fined 1 billion euro by German prosecutors over dieselgateGerman fine follows a U.S. plea agreement from January 2017, when VW agreed to pay a criminal fine of $4.3 billion to resolve criminal and ...
Volkswagen scandal won't hurt German brand, Frank Appel tells SueddeutscheFrank Appel said Volkswagen AG's diesel-cheating scandal probably won't hurt Germany's corporate brand, Sueddeutsche Zeitung cited him as s...
Germany expects 8%-10% tourist arrivals from India this yearThe GNTO recently announced its new campaign in India for its new campaign theme – ‘Germany - UNESCO World Heritage destination’.