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 ...

Volkswagen plans to close at least three ... The domestic factory closures would be the first in Volkswagen’s 87-year history, and they lay bare the challenges facing Germany’s largest ...

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.

Profits are in a tight squeeze as the world's second largest carmaker battles with fierce competition in China, the billion ...

VW wants to close three plants in Germany, causing the largest walkout since 2018. Jonathan M. Gitlin – Dec 2, 2024 12:00 pm | 107 VW's power plant at its factory in Wolfsburg, Germany.

Volkswagen has said it is considering job cuts and factory closings in Germany for the first time in its 87-year history. ... “The fact that Volkswagen, Germany’s largest car manufacturer, ...

Volkswagen has cut headcount in Germany by around 7,000 since starting its cost-cutting drive in late 2023 and reduced factory costs at the key VW brand, its CFO said on Wednesday on a call ...

Volkswagen CFO Arno Antlitz also pointed out the staggering difference in how the company wasn’t able to make as many cars to justify its factory capacity. "We (Volkswagen Group) are the largest ...