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Japan’s industrial production increased modestly in May, but the rebound is likely to be temporary due to the impact of U.S.
Japan’s industrial production rose less than expected in May, missing analysts’ estimates as the US tariffs hit the nation’s ...
On Monday, the German government said the economy would contract 0.2 percent in 2024, down from a previous projection of 0.3 percent growth. Dragging output down is the industrial sector, which ...
The automaker is weighing whether to build a plant in the southern US, a German news magazine reported on Friday.
Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
Wage reductions and freezes spark worker outrage. In addition to the layoffs, Volkswagen plans to cut salaries across the board by at least 10%, with a pay freeze scheduled for both 2025 and 2026.
Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
Inbolt said it enables industrial robots to perceive production lines and adapt to real-world changes in industrial ...
So when Volkswagen announced in 2018 that it would convert its Zwickau factory, the largest private employer in the area, to manufacture nothing but electric vehicles, it was a big deal.
Volkswagen is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the country’s most important industry fights for its future. The potential ...