Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
BERLIN — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings ...
Volkswagen and its unions are in heated talks over the company's plans for plant closures and significant job cuts in Germany ...
Year-to-date, Volkswagen's stock has lost about a fifth, underperforming a drop of 10% in the pan-European automotive index.
Volkswagen plans to close at least three factories in Germany and lay off tens of thousands of employees. According to SEB ...
In a significant development for the German auto industry, Volkswagen (VW) is preparing to close at least three plants in Germany and lay off tens of thousands of employees as part of a broader ...
VW faces its biggest crisis in decades as it works to avoid plant closures. But the competition is only starting to mount.
Germany, Oct 30 (Reuters) - Unions on Wednesday raised the prospect of strikes at Volkswagen unless the automaker is prepared ...
Volkswagen’s restructuring plans also point to larger issues within Germany’s economy ... and potential plant closures, VW’s management faces an uphill battle to balance the company ...
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...
This economic blow came as worker unions threatened strikes over proposed factory closures and restructuring plans in Germany.
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 ...