Volkswagen CEO Oliver Blume is reportedly planning significant changes, including potentially cutting up to 100,000 jobs globally and closi...

Volkswagen is set to implement substantial job cuts and cost reductions in Germany. The company plans to shrink its workforce by 19,000 by ...

In a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preservin...

Nissan 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...

Elon 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...

German auto giant Volkswagen will cut 50,000 jobs in Germany by 2030. This move comes as the company faces declining profits and intense co...

"Rest assured that we continue to drive implementation of the agreed measures with full force," CFO Arno Antlitz said.

Volkswagen managers will face a two-year 10% pay cut due to reduced bonuses, as part of a deal with unions to cut jobs and production. The ...

Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic ...

Volkswagen has informed IG Metall that it is ending several labor agreements, including job guarantees until 2029 at six German plants. Thi...

Volkswagen is considering closing some factories in Germany for the first time in its history to meet cost-cutting goals. The company needs...

Volkswagen is considering closing two factories in Germany amid rising competition from Asian carmakers. This marks a significant clash bet...

"There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants," VW spokesperso...

MAN said it planned a partial relocation of some of the development and production processes to other sites, adding that sites at Steyr in ...

London, Jun 5 (AP) Luxury British carmaker Bentley is to cut up to 1,000 jobs and has warned of more to come as it tries to limit the damag...

The Indian units of European carmakers Skoda-Volkswagen and Renault, and Chinese-owned MG Motor have assured employees that their salaries ...

The move, brokered with VW’s powerful unions, includes job guarantees through 2029, the manufacturer said on Wednesday in a statement.