According to its profile on the VW Group website, CARIAD is the "software powerhouse of Volkswagen Group" focused on ...
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
VW said the agreement will achieve sustainable cost savings for Volkswagen AG of more than €15 billion per year in the medium term. Of this, over €4 billion per year will come from the present ...
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs.
Volkswagen faces major challenges as it deals with data exposure and job cuts while restructuring to reduce costs and ...
FRANKFURT, Germany -- Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 ...
Crisis-hit auto giant Volkswagen said ... site in Wolfsburg, Germany, to a factory in Mexico. All in all, the carmaker had "reduced the technical capacity at the German sites by over 700,000 ...
German carmaker Volkswagen's deal with unions — that would see 35,000 future job cuts in Germany — is "good news" for the company, its CEO said Sunday. The decision is part of a series of significant ...
The strikes also drew political attention, with German Chancellor Olaf Scholz urging Volkswagen to avoid closures amid a broader economic and political crisis in Germany. Volkswagen’s agreement ...
"We had three priorities in the negotiations: reducing excess capacity at the German sites ... the longest in Volkswagen's history. VW executives say that high labour costs in Germany are ...