Donald Trump winning the popular vote and control of Congress was not the only shocker this week; the stock market response ...

The S&P 500 jumped 2.5 percent, while the Russell Index of small-cap companies rose almost 6 percent ... They have ...

The German luxury brand could be laying off 4,500 employees in the next few months—just a fraction of the tens of thousands ...

As VW braces for a new era of cost-cutting and restructuring, the plan has sent ripples through both German unions and U.S.

Volkswagen is planning to implement significant cost reductions methods to enhance competitiveness and maintain sustainability.

Welcome back to Critical Materials, your daily roundup for all things EV and automotive tech. Today, we're chatting about ...

European markets are expected to open in mixed territory Monday. The U.K.'s FTSE 100 index is expected to open 8 points lower ...

Volkswagen AG’s top labour leader said Europe’s biggest automaker plans to close at least three factories in Germany as part of wide-ranging cost reductions to become more competitive. The plans also ...

Volkswagen plans to cut down thousands of jobs and shut at least ... Volkswagen CEO Oliver Blume stated that the company is facing new competitors in Europe and Germany is losing its position ...

Volkswagen AG plans to close at least three factories in Germany as Europe’s biggest automaker tries to slash expenses to ...

Volkswagen faces intense competition in China, slowing sales in other major markets and the need to navigate the costly transition to electric vehicles. Photo / Getty Images Volkswagen plans to ...

(RTTNews) - German carmaker Volkswagen is reportedly planning to close at least three factories in Germany, lay off thousands of workers and cut pay by 10%. The closures and job cuts are a result of ...