Volkswagen crisis

Unions pledge to leave 'no idea unexplored' in tackling VW crisis

Germany's biggest union pledged to leave no idea unexplored to counter Volkswagen management's threa...

auto | 1 month ago

Volkswagen's German battery plant to stay at half capacity amid cost pressures

Volkswagen's PowerCo battery subsidiary to initially build only one production line at its Salzgitte...

auto | 1 month ago

Volkswagen factory threat stress-tests Germany's economic model

Volkswagen's taboo-breaking threat to shutter German factories for the first time ever.Having lost c...

auto | 1 month ago

VW to swap out brand CFO with Seat counterpart

The finance chief of Volkswagen's core brand, Patrik Andreas Mayer, is to swap roles with his counte...

auto | 1 month ago

China, price cuts and costs: the fuel driving Volkswagen's crisis

Volkswagen faces challenges as profits from China have halved in a decade and Europe's car market is...

auto | 1 month ago

VW boss says European market shrinking amid tougher competition

VW CEO Oliver Blume announced cutbacks in Germany due to a shrinking European market.Volkswagen's CE...

auto | 1 month ago

Volkswagen scraps decades-old job guarantees, paving way for lay-offs

Volkswagen plans to cancel job guarantees at six German plants from June 2025.Volkswagen said on Tue...

auto | 1 month ago

Volkswagen may book 3-4 bn euro in provisions on capacity cuts, says Jefferies

Volkswagen may record billions of euros in provisions for planned capacity cuts as early as the four...

auto | 1 month ago

Germany considering ways to support VW, says economy minister

The finance chief of Volkswagen's core brand, Patrik Andreas Mayer, is to swap roles with his counte...

auto | 1 month ago

German economy minister offers help to Volkswagen to avoid site closures

German Economy Minister Robert Habeck aims to support Volkswagen through cost-cutting measures witho...

auto | 1 month ago

VW must solve most of its problems alone: German minister

Germany wants to support Volkswagen and help it avoid factory closures.Germany wants to support Volk...

auto | 1 month ago