Volkswagen to reduce workforce by 19,000 by end of year, CEO saysVolkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...
11 Jun, 2026, 06.23 PM IST
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...
15 May, 2026, 10.58 AM IST
Tesla says to add 1,000 jobs in GermanyElon Musk's automotive and robotics company Tesla said Thursday that it would hire more than 1,000 people in Germany, a rare bright spot in...
23 Apr, 2026, 05.37 PM IST
Its car profits down, Volkswagen has a new idea: TanksVolkswagen is considering a shift towards military production as its auto business faces challenges, including high costs and declining pro...
13 Mar, 2025, 07.59 PM IST
Volkswagen union warns against plant closures, backs $1.6 billion cost cutsThe proposal comes a day ahead of a third round of crunch talks between workers and management over pay cuts and factory shutdowns in Germa...
20 Nov, 2024, 11.16 PM IST
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...
20 Nov, 2024, 12.23 PM IST
Volkswagen plans major layoffs, to shut at least three German plants, works council head saysVolkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...
28 Oct, 2024, 04.35 PM IST
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...
08 Sep, 2024, 01.20 PM IST
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...
06 Sep, 2024, 05.24 PM IST
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 ...
04 Sep, 2024, 11.15 AM IST
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...
03 Sep, 2024, 01.36 AM IST
What happened when a German car factory went all electricZwickau, Germany, adapting to the electric vehicle revolution with Volkswagen's factory conversion, navigating through challenges while fac...
11 Apr, 2024, 05.10 PM IST
Why Volkswagen is building a team of 3,000 engineers in ChinaVolkswagen is revamping its strategy in China, creating a "China for China" initiative due to the country's dominance in the electric car m...
12 Dec, 2023, 01.05 PM IST
Europe set for two new gigafactories as it lures battery makersSweden's Northvolt said it is set to pick Heide in northern Germany for its factory as long as subsidies are approved, estimated by one sou...
12 May, 2023, 09.43 PM IST
Volkswagen takes on US, China rivals with battery factoryThe firm plans to "steer the worldwide battery offensive" from the new plant in Salzgitter in central Germany, CEO Herbert Diess told a cer...
07 Jul, 2022, 10.47 PM IST
Volkswagen re-starts Europe's largest car factory after coronavirus shutdownVolkswagen the world's largest carmaker by sales, on Monday said it had resumed work at its biggest factory in Wolfsburg, Germany, to give ...
27 Apr, 2020, 12.22 PM IST
- German cars off their prime
German cars are too big, costly and polluting. The challenge is now from Toyota and Chinese upstarts like Chery and Geely.
29 Aug, 2007, 02.53 AM IST