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VOLKSWAGEN GERMANY
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 ...- 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...
- Honda suspends plans for new electric vehicle plant in CanadaJapanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely ...
- Retail sales growth slowed in April from March as higher gas cost leaves less room for nonessentialsJapanese auto giant Honda said Thursday its plans to build a multi-billion-dollar electric vehicle plant in Canada have been "indefinitely ...
- Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progressEuropean shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff hike, while investors ...
- 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...
- European car sales grow in March as EV rise offsets combustion engine declineEuropean new car sales surged 11.1% in March, driven by a massive 42% jump in electric vehicle registrations. This strong performance, with...
- 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 says to cut 50,000 jobs as profit slidesGerman auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...
- 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...
- 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...
- 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...
- 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 ...
- 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 ...
- Enter the dragon: Under pressure from Chinese EV makers Volkswagen may close plants in Germany for the first time in historyVolkswagen is currently in a crisis situation, being under high pressure from Chinese electric vehicle makers, forcing it to close plants i...
- 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...
- Volkswagen cars may cause 1,200 premature deaths in Europe: StudyIn September 2015, Volkswagen admitted to having installed "defeat devices" in 11 million diesel cars sold worldwide between 2008 and 2015,...
- VW crisis won't hurt Germany as an industrial location: Lobby chiefThe emissions scandal at German carmaker Volkswagen will not hurt Germany's reputation in the industrial world.
- German state of Lower Saxony to keep to Volkswagen stakeThere will be further decisions at VW relating to the diesel emissions scandal, Weil said, noting the carmaker needs to adjust its plans fo...
- Germany launches probe into Volkswagen emissions scandalVolkswagen's shares lost nearly 20 per cent at the Frankfurt stock exchange yesterday after dropping 16 per cent on Monday.
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