Volkswagen's plant in Osnabrueck, which employs around 2,300 staff, manufactures Porsche's Cayman and Boxster models as well ...

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...

Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German ...

The crisis around Volkswagen hits at the very heart of German engineering excellence. It's hard to be more German than ...

Rivian shares are down 21% due to supply chain issues and demand problems. Read why I downgrade RIVN stock from strong buy to ...

Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...

For the first time in the German carmaker's history, VW plans to close factories in the country. Marking an end to a traditionally safe industry in Germany.

Volkswagen is planning to implement significant cost reductions methods to enhance competitiveness and maintain sustainability.

It wasn't long ago that Volkswagen, the world's second largest automaker, had weathered the Dieselgate scandal and jumped ...

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

GM started selling EVs in Europe last year. It now has four EV experience centers open for Europeans to see Cadillac EVs in ...