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 ...
16 Dec, 2024, 01.09 PM IST
Europe's embattled auto sector plans plant closures and layoffsSeveral automotive companies are announcing plant closures and layoffs in Europe. Companies like Valeo, Stellantis, Bosch, Ford, Michelin, ...
02 Dec, 2024, 02.11 PM IST
Volkswagen union calls for Dec 1 strikes as wage talks stutterVW's management had refused to rule out the prospect of unprecedented factory closures in Germany, the IG Metall union's negotiator said, b...
21 Nov, 2024, 10.33 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
VW cost cutting necessary after 'decades of structural problems', CEO tells paperVolkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...
03 Nov, 2024, 02.42 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
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 ...
17 Oct, 2024, 05.43 PM IST
Volkswagen scraps decades-old German job security pact, says unionVolkswagen has informed IG Metall that it is ending several labor agreements, including job guarantees until 2029 at six German plants. Thi...
10 Sep, 2024, 08.13 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
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. ...
06 Sep, 2024, 05.31 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 Law: the unique structure behind the German carmaker's labour clashVolkswagen's decision to close plants in Germany and end long-standing labour agreements has highlighted its unique governance and ownershi...
04 Sep, 2024, 06.16 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
- Porsche board cleared to increase VW stake to more than 50%
The board of German luxury sports car maker Porsche has received a green light to buy more than 50 percent of the shares in Volkswagen, the...
03 Mar, 2008, 08.20 PM IST