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

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

Berlin, Germany - Recent Volkswagen's current predicament is the result of years of evolvement which can be traced back to the diesel vehicle emissions fraud over 10 years ago, said Michael Bose, Head ...

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 ...

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

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

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.

Volkswagen plans to lay off thousands of its employees and shut down at least three of its major manufacturing plants. The ...

including considering plant closures on home soil for the first time, in a blow to Germany's industrial prowess. Volkswagen reiterated on Monday that restructuring was needed and said it would ...

Volkswagen, the largest employer in Germany, is facing increased competition from China and weakening demand.

who leads the council representing the company’s employees in Germany, told a gathering of workers at Volkswagen’s home plant in Wolfsburg that the proposed closures were part of a plan that ...