VW is Germany’s largest employer and car making is the country’s flagship industry, accounting for 5% of gross domestic product, according to several estimates.

German carmaker Volkswagen has stopped delivering its ID.Buzz to the US, with US tariffs cited as one reason, a media report ...

Volkswagen's half-year results indicate it will not achieve its target for 10 billion euros ($11 billion) in cost savings by 2026, the company said. The discussion around closures and layoffs is ...

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at cutting over $4.3 billion.. The announcement signals a significant shift ...

BERLIN — German carmaker Volkswagen plans to close plants in its home country for the first time in the company’s 87-year history, potentially leading to tens of thousands of layoffs, elected ...

VW considers one car plant, one component plant in Germany obsolete -works council; Cost-cutting drive at namesake brand must be extended -VW; Management 'compelled' to end job security programme ...

Tens of thousands of Volkswagen workers are taking part in strikes at plants across Germany Monday, marking the largest walkouts at the carmaker’s domestic operations since 2018.

Nearly half of Volkswagen’s 650,000 workers around the globe are in Germany. “The company — and the VW brand — are in a very dangerous situation,” said Ferdinand Dudenhöffer, director ...

Oct 28 (Reuters) - Volkswagen , opens new tab plans to shut at least three factories in Germany, the carmaker's works council head said on Monday, without specifying which plants would be affected ...

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

Volkswagen VOW31.29%increase; green up pointing triangle is going through its deepest crisis in years. So is Germany. And that’s no coincidence. While the carmaker’s travails are exposing ...