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VOLKSWAGEN RESTRUCTURING PLANS
Unions to protest as Volkswagen thrashes out job cut plansGerman auto giant Volkswagen's management meet Thursday to thrash out plans for what could be the biggest ever restructuring in the global ...- What are the key issues in Volkswagen's restructuring efforts?Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants...
- ET Prime Special Series: Multibagger or Bankrupt - Part 65: This auto ancillary is making new moves. Separate signal from noiseThis supplier is one of those businesses that grows quietly until it suddenly makes several big decisions at once. In a short span it has s...
- Volkswagen CEO aims to cut 100,000 jobs in major overhaul, Manager Magazin reportsVolkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...
- Nissan to cut 10% Europe jobs, 900 roles at risk as global restructuring and Sunderland factory changes beginNissan is planning big job cuts in Europe as part of a global plan. The company wants to save money and improve its business. Changes are a...
- 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 to overhaul India business amid market pressures, company memo showsVolkswagen Group is restructuring its India business amidst a $1.4 billion import tax demand and struggling market share. Skoda Auto, leadi...
- Volkswagen takes 1.3-bn-euro hit from Trump tariffsVolkswagen faced a setback due to tariffs by US President Donald Trump. The tariffs cost the company 1.3 billion euros in the first half of...
- Mercedes' top supplier survived Napoleon, the Great Depression & two world wars. But not the current auto slumpEurope's auto slump is crippling small manufacturers in the automotive supply chain. Gerhardi Kunststofftechnik GmbH, a long-time Mercedes ...
- Volkswagen, union extend crunch talks over plant closures and pay cutsVolkswagen and its labor union are locked in intense negotiations to avert plant closures and pay cuts. Progress has been made, but a deal ...
- Volkswagen creates AI lab, in talks with potential partners for digital prototypesThe company has founded a new 'artificial intelligence lab' to generate new product ideas, including possible cooperation with companies in...
- Volkswagen to challenge Rivian, Ford with electric Scout SUVThe carmaker would invest around 100 million euros ($105.52 million) in the new brand, the people said, potentially seeking external fundin...
- Volkswagen CEO demands 'revolution' to tackle TeslaThe German group -- whose 12 brands include Audi, Porsche and Skoda -- is pumping 35 billion euros ($40 billion) into the shift to electric...
- Skoda Auto Volkswagen FY20 net profit drops 20%, revenue falls 11%Revenues of the merged entity fell over 11% to Rs 9,300 crore in FY20, according to the company’s filing in the corporate affairs ministry.
- Volkswagen draws up plans to carve out LamborghiniThey said the German carmaker is looking to make Lamborghini a more independent unit within its stable of car brands and is discussing long...
- German truck maker MAN to cut up to 9,500 jobs to become profitableMAN said it planned a partial relocation of some of the development and production processes to other sites, adding that sites at Steyr in ...
- Volkswagen group recasts structure to make quicker decisionsSkoda will manage the production and engineering operations of India-specific products for both the mass-market brands.
- VW group rejigs management in India; Gurpratap Boparai to take charge as MD from JanGerman auto major Volkswagen Group Tuesday announced management restructuring in India, as part of its plan to "sustainably strengthen its ...
- Volkswagen look to make India its future engineering hubIt is considering making India the lead country in defining future product portfolio for markets such as South America, the Middle East & R...
- VW says will create 8,500 jobs in 2008Germany's Volkswagen plans to create some 8,500 new jobs worldwide in 2008 after several lean years at the biggest European car maker, a co...
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