Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...

Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, ...

BERLIN — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings ...

It’s been almost a year since Volkswagen broke the news that it was considering closing its first plant in Germany in its 87-year history. CEO Oliver Blume told employees that a three-decade-old ...

Volkswagen’s restructuring plan aims to close three plants in Germany, potentially leading to significant job losses.

The Golf R and GTI that are sold in the United States are built in Wolfsburg, Germany, so closures could affect production. In its 87-year history, Volkswagen has never closed a factory in Germany.

told a gathering of workers at Volkswagen’s home plant in Wolfsburg that the proposed closures were part of a plan that managers had presented to the works council. The company “wants to close ...

Europe's biggest carmaker has been negotiating for weeks with unions over plans to revamp its business and cut costs, ...

and potential plant closures, VW’s management faces an uphill battle to balance the company’s financial health with the well-being of its workforce. How Volkswagen handles these restructuring ...

Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...

Auto giant Volkswagen is planning a major restructuring on its home turf. That will entail three plant closures in Germany, ...

Volkswagen and its unions are in heated talks over the company's plans for plant closures and significant job cuts in Germany ...