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‘A very serious situation’: Volkswagen could close plants in Germany …
Sep 2, 2024 · 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.
Volkswagen plans to close ‘at least’ 3 German plants and lay off ...
Oct 28, 2024 · Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
Volkswagen's crisis: How can Europe's car industry survive?
Sep 23, 2024 · German Economy Minister Robert Habeck invited representatives from the German auto industry to a virtual "auto summit" on Monday to find ways to help the struggling carmakers. The summit...
Volkswagen - Wikipedia
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] ⓘ) [Note 1] is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by the German Labour Front under the Nazi Party, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.
Volkswagen reaches deal with union after grueling talks
Dec 20, 2024 · Employees of German car maker Volkswagen (VW) demonstrate in front of the VW plant in Zwickau, eastern Germany, on December 2, 2024, as thousands of Volkswagen workers go on strike all over ...
How the VW crisis is a failure of Germany's car policy
Oct 30, 2024 · Volkswagen, Europe's biggest carmaker, is in the midst of a severe sales and cost crisis that it says requires plant closures and layoffs. Talks to rescue VW have started, but could Germany's car...
Why is Volkswagen so important for Germany? – DW – …
Nov 5, 2024 · The crisis around Volkswagen hits at the very heart of German engineering excellence. It's a legend among European automakers, but can it survive the jump to EVs and beat out Chinese...
Volkswagen agrees deal to avoid Germany plant closures - BBC
Volkswagen has reached a deal with the IG Metall trade union which will avert plant closures in Germany and avoid immediate compulsory redundancies. The two sides have, however, agreed to cut more ...
VW wage deal for 120,000 German workers avoids layoffs, plant …
Dec 20, 2024 · FRANKFURT, Germany (AP) — Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The agreement includes provisions for VW to shed more than 35,000 jobs through early retirement and buyouts by 2030.