The tentative contract signed by the IG Metall union buttresses the ruling circles’ right-wing offensive in the early general ...

In late October 2024, Volkswagen's works council announced that the group's management was considering closing three ...

German automaker Audi said Tuesday a potential bidder for its manufacturing site in Brussels had pulled out, ending hopes that the plant could be saved from closure.

MUNICH (Reuters) -Germany’s largest industrial union said it had ... The agreement comes a week ahead of a third negotiation ...

Volkswagen's direct-to-consumer strategy faces legal opposition, complicating growth. See why VWAGY stock remains a buy ...

This article explores the potential for transformative economic reforms and a revitalized approach to Germany’s pressing ...

Audi plans to reduce its workforce in the medium term by axing thousands of jobs outside of production, particularly the ...

The giant auto producer like all its major competitors has seized on the transition to EV production to cut jobs and labour costs at the expense of its global workforce, including slashing thousands ...

ShareVolkswagen, the German automotive giant, has surprised the world with a decision that shakes both the industry and thousands of families: closing several plants and drastically reducing its ...

Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German ...

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

"This is further particularly welcome news for our workforce - especially at a time when many companies in the German ...