Both the carmaker and its home country are suffering from high costs, eroding tech leadership and a reliance on China.
Volkswagen AG is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the ...
Savings programme launched last year has fallen short by several billions of euros at the group’s flagship brand ...
while analysts have in the past named VW sites in Osnabrueck and Dresden, as potential targets for closure. All are in the ...
The pressure Volkswagen was laid bare this week when it disclosed it was not only planning to scrap a 30-year old job ...
VW’s German employees have turned out in force against the carmaker’s cost-cutting proposals Credit: Hendrik Schmidt/Avalon Volkswagen, Germany’s largest carmaker, is staring down an ...
Germany lost cheap Russian energy and faces uncertainty over trade with China. Now it faces a hard test on the third ...
VW considers one large vehicle plant and one component factory in Germany to be obsolete, according to the automaker's works ...
So is Germany. And that’s no coincidence. While the carmaker’s travails are exposing missteps, they also show how Germany’s economic model is struggling to keep up with a changing world.
VW is threatening to close plants in Germany as it struggles to meet cost-cutting targets amid a slowing EV market, weak ...
Volkswagen's taboo-breaking threat to shutter German factories for the first time ever is a direct test of whether that ...