By Alexander Hübner and Ilona Wissenbach MUNICH/FRANKFURT (Reuters) -Workers at German carmakers and engineering companies ...
In the previous round, the sides agreed a 8.5% wage increase. The agreement comes a week ahead of a third negotiation round ...
Investor confidence in Germany’s economy unexpectedly worsened in November after a spate of bad news from the country’s ...
Under the agreement, workers would get a wage rise of 2% from April 2025 and a further 3.1% from April 2026, said the IG Metall unions in Bavaria and the coastal region in Germany.
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 ...
China’s state-backed EV giants like BYD are driving Volkswagen into a corner with aggressive pricing and political challenges ...
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 ...
The Cholet factory, which employs 955 workers and produces light truck tyres, and the Vannes plant ... within the automaker.
Tyre maker Michelin plans to close two of its French factories, affecting about 1,250 workers, it said on Tuesday as Europe's ...
Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...