Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
Volkswagen plans to close its first-ever German plant amid declining profits, risking tens of thousands of jobs and prompting ...
Volkswagen's luxury division Audi has failed to find a buyer for its struggling plant in Brussels, a spokesperson said on ...
Germany, Wednesday, Oct. 30, 2024. (AP Photo/Michael Probst) Volkswagen employees stand with torches in front of the VW plant ...
Volkswagen Group could also lose plants in Germany as part of a cost-cutting program due to ... one of its most intense ...
The company will resume talks with labor unions and employee representatives Wednesday and discuss “possible plant closures in Germany,” Antlitz said. Volkswagen later said in a statement that ...
Volkswagen and its unions are in heated talks over the company's plans for plant closures and significant job cuts in Germany ...
In early September, Volkswagen said challenging conditions in the automotive sector could necessitate plant closures within Germany and could mean withdrawing a longstanding job protection ...
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.
“This is why things cannot continue as they are now.” The Volkswagen plant in Kassel, Baunatal, Germany, Tuesday, Oct. 29, 2024. Credit: AP/Uwe Zucchi Citing the confidentiality of talks with ...
a future plan for the company together in which plant closures and layoffs are ruled out.” Volkswagen has some 120,000 employees in Germany, where it has 10 plants — six of them in the ...
BERLIN (AP) — Volkswagen said significant cost cuts ... angry at the possibility of the automaker's first plant closures in Germany. The company reported net profit of 1.58 billion euros ...