The crisis around Volkswagen hits at the very heart of German engineering excellence. It's a legend among European automakers ...

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

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

The spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...

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

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

FRANKFURT (Reuters) - Workers at Volkswagen's Osnabrueck plant, considered a possible target for closure under the German ...

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 ...

VW Group CEO Oliver Blume sees no alternative to tough cost-cutting measures at Volkswagen, according to an newspaper ...

VW is confronting a severe crisis in its key European and Asian markets, with plummeting sales and profits, but its business in Brazil is on the upswing — for now.