It wasn't long ago that Volkswagen, the world's second largest automaker, had weathered the Dieselgate scandal and jumped ...

Volkswagen’s proposed plant closures align with a broader trend of cost-cutting among European automakers. German car ...

Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining ...

T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...

A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market ...

Volkswagen stressed it is aiming to deliver cost cuts amid reports of sites closures and massive lay-offs as its ...

The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least ...

The third quarter results come after Volkswagen last month cut its 2024 annual outlook for the second time in just a few ...

Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces ...

Volkswagen wants its workforce to take pay cuts of 10% in order to remain competitive and safeguard jobs, the company said in ...

Volkswagen wants to achieve the majority of its billion-euro savings drive through pay cuts, Handelsblatt reported on Tuesday ...

Volkswagen's on Wednesday reported a 42% drop in third-quarter profit, its lowest level in three years, as the company's ...