The spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
Volkswagen, the largest employer in Germany, is facing increased competition from China and weakening demand.
VW is in dire straits having to cut costs at every corner amid dwindling sales. VW management has been negotiating for weeks ...
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...
Car giant Volkswagen intends to close at least three plants in Germany and cut tens of thousands of jobs, the leader of the ...
Fears had been mounting that Germany, Europe's biggest economy, would contract for a second consecutive quarter.
Volkswagen intends to close at least three plants in Germany and cut tens of thousands of jobs, the leader of the firm's ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
Deutsche Welle writes that when Europe's largest car manufacturer weakens, it can become a problem for many suppliers and, ...