Volkswagen, the largest employer in Germany, is facing increased competition from China and weakening demand.
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...
DPA International on MSN8d
VW plans major cutbacks in Germany: 'We cannot continue as before'Car giant Volkswagen intends to close at least three plants in Germany and cut tens of thousands of jobs, the leader of the ...
Volkswagen intends to close at least three plants in Germany and cut tens of thousands of jobs, the leader of the firm's ...
"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," ...
The crisis around Volkswagen hits at the very heart of German engineering excellence. It's hard to be more German than ...
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 ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
Volkswagen on Wednesday reported a 42% drop in third-quarter profit to its lowest level in three years. "This highlights the ...
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 ...
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