VW Group threatened to close up to three plants in Germany, but a deal with workers means those plants are safe.
While hailed as a Christmas miracle by union leaders, the agreement forces significant concessions from the workforce, ...
Under a plan to cut bonuses, managers at Volkswagen (VW) are set to see their pay cut 10 percent 2 years in a row, according ...
No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.
VW’s iconic Golf hatchback is following in the wheeltracks of its Beetle ancestor to a second life in Mexico, as the company announces a huge restructuring that will cost 35,000 jobs in Germany by ...
Crisis-hit Volkswagen's savings plans to shore up its financial position are equivalent to the reduction in production ...
Volkswagen has previously threatened closing as many as three factories in Germany for the first time in its history, amid ...
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting ...
Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs ...
Double-digit drops in registrations were posted by Stellantis, Hyundai-Kia, Ford, Tesla and Nissan, according to Jato ...
The agreement foresaw cuts to production across Volkswagen’s 10 German factories and corresponding job losses. Volkswagen’s ...
Tributes have been paid to ae nine-year-old boy who was tragically killed in Friday's Christmas market massacre in Germany.