Germany, Volkswagen
German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting without having to resort to site closures, reflecting concerns about the country's biggest carmaker.
Habeck says Germany's considering how to support Volkswagen
German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The firm has been grappling with weak electric vehicle sales.
VW could cut up to 30,000 jobs in Germany, report says
The cuts would hit hardest among the automaker's research and development activities in Germany where 4,000 to 6,000 jobs would be lost,  a business magazine said.
Germany considering ways to support VW, economy minister says
Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the threat of job cuts at the country's largest carmaker.
Germany looking for ways to support Volkswagen: Economy minister
Germany's government is exploring ways to support ailing Volkswagen, Economy Minister and Vice-Chancellor Robert Habeck said Thursday in response
Germany considers support for Volkswagen amid job cut concerns
Germany’s economy minister and vice chancellor Robert Habeck said Thursday the government has plans to bail out Volkswagen (VW), the country’s leading car maker amidst fear of job losses. This follows news that VW has recently stated a large core brand will have to undergo major cost cuts operating in Germany these difficulties have been blamed on high operating costs,
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Jefferies analyst said that Volkswagen's unions "can only strike on pay, not plant closure or layoffs if the latter are not ...
As Volkswagen weighs its first closure of a German auto plant, workers aren’t the only ones worried
Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year ...
Join us in building the Volkswagen Rank-and-File Committee!
On Wednesday, the following statement for the establishment of the rank-and-file committee at Volkswagen was discussed and ...
Electrek1d
NIO (NIO) eyes buying Volkswagen plant in historic market shake up
China’s NIO (NIO) is considering buying Volkswagen’s Audi plant in Brussels. Volkswagen’s plant is at risk of being shut ...
Institute for Energy Research9d
Volkswagen May Close Factories in Germany to Cut Costs and to Compete with China as the EV Transition Falters
Volkswagen, the leading automaker in Europe, is contemplating an unprecedented closure of its factories in Germany due to ...
The Washington Post13d
As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worried
FRANKFURT, Germany — Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history, saying it otherwise won’t meet the ...
Yahoo Finance4d
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Volkswagen has been in trouble, as have its employees. The carmaker is Germany’s crown jewel—the country's largest company and most significant private employer. Since Volkswagen announced ...
Germany May Already Be in Mild Recession, Bundesbank Says
Germany’s economy may already be in recession, but a severe economic slump looks unlikely as things stand, according to the ...