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VOLKSWAGEN SUPERVISORY BOARD
Volkswagen to cut 100,000 jobs by end of decade in biggest restructuring in global auto industryVolkswagen has approved plans to cut 100,000 jobs by the end of the decade, marking the biggest restructuring in the global auto industry. ...- 50,000 Volkswagen jobs could be at risk — and thousands of angry workers are pushing back against the CEO's planVolkswagen employees express significant concerns over proposed job reductions and factory shutdowns as CEO Oliver Blume unveils restructur...
- Volkswagen chief warns company's situation 'more than critical'Volkswagen's CEO warns of a critical state and major upheaval in the auto industry. The company faces significant challenges from global he...
- BMW races to catch up in a Chinese EV market that won't slow downBMW faces declining sales in China after two years of reduced performance. The automaker's new electric cars are set to launch in November....
- Volkswagen CEO says 50,000 more job cuts may be needed to close competitive gapVolkswagen's CEO revealed plans for up to 50,000 additional job cuts. This move aims to match rival automakers' competitiveness and reduce ...
- Volkswagen rescue plan 'short on specifics' after tense stakeholder talksVolkswagen management showed little progress from stakeholder talks on Thursday. The company repeated known targets for streamlining operat...
- 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...
- Volkswagen Law: The unique structure behind Europe's biggest carmakerVolkswagen is reportedly planning a significant overhaul, including plant closures and substantial job cuts, sparking strong union resistan...
- 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...
- Porsche CEO Blume to hand over reins next year, Bild reportsIn a significant shakeup, Porsche will appoint a new CEO next year, dissolving Oliver Blume's dual leadership role. The shift comes amid in...
- Volkswagen's efforts to boost valuation stifled by lack of succession planThe market needs to know who will take over when the octogenerian heads of its controlling shareholder - the Porsche-Piech family clan - re...
- Volkswagen boards to discuss Porsche listing on MondayA decision will also be taken on whether Volkswagen approves of the sale of 25% and one share of ordinary shares in Porsche AG to Porsche S...
- Volkswagen CEO will step down by September 1Oliver Blume, who is now CEO of Porsche, will succeed Diess. Volkswagen also said the company's chief financial officer, Arno Antlitz, will...
- Volkswagen's CEO Herbert Diess to step aside at Skoda, SeatAt Seat, Diess would be succeeded by current technology head Thomas Schmall and at Skoda by Murat Aksel, head of procurement on the Volkswa...
- Volkswagen to seek dieselgate damages from former CEO Winterkorn and Audi boss StadlerThe German company said that following a far-reaching legal investigation it had concluded Winterkorn and Stadler had breached their duty o...
- Volkswagen awards top management 63.24 million euros in remunerationThe company withheld part of bonus payments but will award them at a later date if certain performance criteria are fulfilled, including a ...
- Volkswagen's management, workers to develop strategy for core brandVW's labour bosses last week publicly clashed with the carmaker's brand management, accusing it of betraying workers and trying to use the ...
- Porsche rejects VW 'ultimatum' for merger planGerman sports car maker Porsche rejected on Saturday an "ultimatum" issued by rival Volkswagen to accept by Monday a proposal for cross-own...
- 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...
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