Volkswagen CEO clashes with workers as conflict over closures, pay deepensVolkswagen CEO and labor representatives clashed over proposed plant closures and pay cuts during a staff meeting. The CEO cited intense co...
04 Dec, 2024, 04.39 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 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...
01 Dec, 2024, 06.44 PM IST
Strikes to hit Volkswagen in December as clash with labour escalatesVolkswagen workers in Germany could go on strike as early as next week, with the IG Metall union warning of "necessary" walkouts starting f...
29 Nov, 2024, 03.09 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's EV Woes: From 'das auto' to 'drive digger' and the road aheadVolkswagen, after facing setbacks in its electrification strategy, is announcing plant closures and layoffs. The company's struggles stem f...
04 Nov, 2024, 11.06 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
Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros - HandelsblattVolkswagen is considering significant cost-cutting measures, including a 10% wage cut and a two-year wage freeze, to save 4 billion euros. ...
27 Oct, 2024, 11.25 PM IST
Volkswagen and JV partner SAIC plan to close China plant, Bloomberg reportsVolkswagen and its Chinese partner SAIC plan to close at least one plant in China due to slow demand for combustion engine cars. The Nanjin...
18 Sep, 2024, 06.54 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
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
Volkswagen sales down 23% in Jan-March, March alone off 37.6%In March alone, deliveries were down 37.6% overall at 623,000 vehicles, the figures showed, reflecting the coronavirus crisis which trigger...
17 Apr, 2020, 03.11 PM IST