Volkswagen is poised for a boardroom showdown following reports that the auto giant is weighing up shutting four factories ...

(Bloomberg) -- Volkswagen AG is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the country’s most important industry fights for its future. The ...

Volkswagen Group is considering what was previously unthinkable: closing up to four factories in Germany and instituting ...

Volkswagen CEO Oliver Blume faces perhaps the biggest test of his leadership this week: persuading the German carmaker's supervisory board to accept painful job ​cuts and factory closures as it ...

Government says it wants to keep production sites open but stresses that any restructuring decisions rest with the automaker ...

A new report says Volkswagen's CEO is considering its most sweeping restructuring yet as it seeks to restore profitability.

With profits falling and Chinese automakers in the ascendency, Volkswagen is planning deep cuts in order to shore up its long ...

Add Yahoo as a preferred source to see more of our stories on Google. Volkswagen employees go on a warning strike in front of the Zwickau plant behind a banner with the slogan "Bad negotiations = ...

UPDATE 12/20/24: Volkswagen has reached an agreement with European union workers that will prevent factory closures and mass strikes. The deal includes "socially responsible" job cuts of over 35,000 ...

As rumored last year, Volkswagen might not be able to avoid closing factories in Germany. The best outcome would be selling some of them to Chinese carmakers that want to start production in Europe.

Volkswagen was a key driver of Germany’s post-war economic rise. With the Beetle, Golf, Type 2 bus and many successful models later, the brand cemented its legacy as a household nameplate and a global ...

Oct 28 (Reuters) - Volkswagen (VOWG_p.DE), opens new tab plans to shut at least three factories in Germany, the carmaker's works council head said on Monday, without specifying which plants would be ...