Volkswagen, the largest employer in Germany, is facing increased competition from China and weakening demand.

Car giant Volkswagen intends to close at least three plants in Germany and cut tens of thousands of jobs, the leader of the ...

"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," ...

Volkswagen intends to close at least three plants in Germany and cut tens of thousands of jobs, the leader of the firm's ...

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 ...

T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...

Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...

Volkswagen on Wednesday reported a 42% drop in third-quarter profit to its lowest level in three years. "This highlights the ...

Germany’s top carmaker faces a financial bloodbath — and that means trouble for the government. Volkswagen Group posted grim ...

Talks to rescue VW have started, but could Germany's car policy prevented this? The German term "Zeitenwende," which literally translates to "a change of times," is being used rather frequently in ...

The IG Metall trade union, which represents most of VW's plant workers in Germany, also vowed to oppose any plant closures. "This is a deep stab in the heart of the hard-working VW workforce ...