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
VW cost cutting necessary after 'decades of structural problems', CEO tells paperVolkswagen plans to cut costs to address long-standing structural issues. CEO Oliver Blume said weak market demand in Europe and lower earn...
03 Nov, 2024, 02.42 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
VW talks with unions are 'serious, critical and controversial', works council chief saysVolkswagen is in contentious talks with unions over planned cuts to its German sites. Weekly meetings cover savings, production plans, and ...
17 Oct, 2024, 05.43 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 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 Group working on entry-level EV for IndiaVolkswagen Group plans to introduce an entry-level electric vehicle (EV) in India by the second-half of this decade, according to the CEO o...
02 Feb, 2024, 02.14 PM IST
What's driving the latest Volkswagen power struggle?Volkswagen's four-member mediation committee is planning to discuss Diess' future soon, sources have said, creating uncertainty around the ...
05 Nov, 2021, 02.49 PM IST
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...
04 Nov, 2021, 09.50 PM IST
Back to business: Production resumes at Volkswagen's Wolfsburg plantAround 8,000 employees are returning to the production halls.
01 May, 2020, 11.46 AM IST
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 ...
11 Apr, 2016, 06.55 PM IST
Pune technician wins Volkswagen global Best Apprentice Award 2014The awards went to 11 women and 32 men from a total of 38 Group locations. During their apprenticeships, they convincingly demonstrated exc...
27 Oct, 2014, 01.25 PM IST
- Volkswagen calls off next talks with Porsche
Volkswagen AG has called off the next round of talks over a planned integration with sports car maker Porsche SE, saying the atmosphere is ...
17 May, 2009, 06.54 PM IST
- Porsche takes effective control of VW
German sports car maker Porsche said it had raised its stake in Volkswagen to 35 per cent Tuesday, effectively winning control of Europe's ...
16 Sep, 2008, 06.52 PM IST
- VW staff, Porsche in takeover collision
Employee representatives fear losing their influence if VW is swallowed up by Porsche. Porsche head Wendelin Wiedeking fired the first shot...
26 Sep, 2007, 12.55 PM IST