Searched for
VOLKSWAGEN LABOR COSTS
Volkswagen CEO Oliver Blume tells staff cost-cutting journey 'is not over'Volkswagen CEO Oliver Blume addressed staff regarding ongoing cost-cutting measures. He acknowledged their efforts but stated more work rem...- Mercedes, BMW, Volkswagen, Audi and Porsche are losing China to EV upstartsAs competition in the Chinese automotive sector intensifies, German car manufacturers are witnessing a decline in sales and profitability. ...
- Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...
- Porsche mulls cutting electric sports cars to rein in budgetPorsche AG may halt its electric sports car plans. Development delays and rising expenses are key concerns.
- Tariffs are bad for EVs, but some models may have a leg upPresident Trump's proposed tariffs on imported auto parts could significantly impact the electric vehicle market. While potentially benefit...
- 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...
- 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...
- How Volkswagen lost its way in ChinaVolkswagen faces severe challenges in China, with falling sales, political missteps, and competition from local brands. BYD's rise and stat...
- 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...
- 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...
- 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...
- 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...
- As US tries to isolate China, German companies move closerThe Biden administration is working to make the US more competitive with China by expanding its infrastructure and manufacturing over negot...
- Automakers to battle chip crisis for yearsSince late last year, the chip shortage hasn’t let up, prompting vehicle production to plummet even below levels of last year when the pand...
- In Paradise and beyond, wage hikes lag global recovery"Businesses are trying to cope with the (labor) shortage in different ways but we aren't seeing industry-wide wage pressures," said Daniel ...
- How Ford burned $12 billion in BrazilFord Motor Co announced the closure of its manufacturing plants in January, dealing a heavy blow to its more than 5,000 workers in the coun...
- Volkswagen’s crippling supplier feud shows limits of penny pinchingVW agreed to compensate Bosnian parts maker Prevent Group for a canceled contract and extend their partnership for another six years.
- Volkswagen's Wolfsburg plant may roll out Audis tooVolkswagen is seriously considering making cars for premium arm Audi in its main Wolfsburg plant to fill unused capacity at the factory and...
- VW readies for the long drive aheadVolkswagen brand head, Wolfgang Bernhard, believes job cuts and new models can make it the king of small cars.
Load More
