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

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.

VW considers one large vehicle plant and one component factory in Germany to be obsolete, ... The state of Lower Saxony is Volkswagen's second-largest shareholder and on Monday supported its review.

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 AG is Europe’s largest car manufacturer and helps uphold Germany’s status as a global economic powerhouse. Employees , politicians and company bosses are rightly demanding resolute ...

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 ...