A FEW years ago, automakers celebrated record profits as pandemic-induced shortages allowed them to raise prices. Now, the ...
While India misses out on the Volkswagen Golf, we are getting in the Golf, albeit in its performance avatar, i.e. the Golf ...
It also left a legacy behind in the form of the New Beetle, which takes its ancestor’s most iconic design cues and updates ...
Volkswagen has reached ... save some €15bn (£12.4bn). Germany's largest carmaker had previously warned it might have to shutter plants in the country for the first time in a bid to cut costs.
Image A Volkswagen plant in Emden, Germany. Under the labor deal, the company would reduce its production capacity by 734,000 cars over the coming five years. Credit...Fabian Bimmer/Reuters ...
Volkswagen faces rising costs, tough competition from Asia, and a tense dispute with unions over plant closures and wage cuts. Credit: josefkubes/Shutterstock. Following intensive negotiations ...
Wolfsburg, Germany — Tens of ... round of talks prompted by Volkswagen’s shock announcement that it was considering closing factories in Germany for the first time in its history.
A new Bloomberg report cites that Volkswagen may in fact be working ... cut thousands of jobs and close factories in Germany – a first in the automaker’s 87-year history in the country.
Like the first strike action a week ago, nine factories in Germany will be ... Metall rally in front of Volkswagen headquarters during a warning strike at the German car manufacturer's main ...
while it has also proposed closing factories in Germany for the first time in its 87-year history. Volkswagen says its current setup in Germany is no longer competitive amid falling EV demand and ...
Thousands of Volkswagen workers walked out on Monday (9 December) in the second round of strikes in the escalating conflict between unions and management over the German carmaker’s drastic savings ...