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Germany's Volkswagen crisis: an ode to nostalgia
Is Volkswagen (VW) truly just a normal German automobile manufacturer? And are VWs really just ordinary cars? Generations of German would agree, the answer is a resounding "no." For generations, the brand Volkswagen has been a part of Germans' collective DNA.
Volkswagen employees take part in an IG Metall rally in front of Volkswagen headquarters during a warning strike at the German carmaker's main plant in Wolfsburg. The banner reads: "House of money burning & and we should pay the bill!" Martin Meissner/AP ...
German auto giant Volkswagen's tariff blow in the third quarter hit its bottom line by nearly $1 billion, with the 2025 tally ballooning to an amount that could eat heavily into full-year profits.
Volkswagen said on Thursday that it lost $1.5 billion in the third quarter because of President Trump’s tariffs and the company’s shift away from electric vehicles at Porsche, but that it remained on track to meet its financial targets for the year, provided it can secure the semiconductors it needed to power its vehicles.
Volkswagen employees go on a warning strike in front of the Zwickau plant behind a banner with the slogan "Bad negotiations = wildfire". Europe's largest car manufacturer, Volkswagen, is launching nationwide warning strikes on 02 December. IG Metall ...
LONDON -- Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China's electric vehicle makers. In a statement Monday, the German automaker, one ...
BERLIN/FRANKFURT (Reuters) - As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion of sales on labour costs ...
A new Bloomberg report cites that Volkswagen may in fact be working on a deal to keep its factories in Germany open. The report stated that the automaker is considering keeping its plants up and running while reinstating job security agreements until 2030 ...
Germany's Volkswagen warned Wednesday that its car production could be hit by a shortage of Nexperia semiconductors amid a deepening row between China and the Netherlands over the chipmaker.
A key supplier to automakers including Volkswagen AG and BMW AG is reducing production in Germany due to a semiconductor shortage sparked by a conflict with China over supplier Nexperia, according to people familiar with the matter.