Workers at Volkswagen's Osnabrueck plant, considered a possible target for closure under the German automaker's restructuring ...
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...
Volkswagen, the largest employer in Germany, is facing increased competition from China and weakening demand.
The crisis around Volkswagen hits at the very heart of German engineering excellence. With its long history, it's a legend ...
"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," ...
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining ...
The announcement signals a significant shift for VW, a brand that has maintained a strong presence in Germany since its founding. Daniela Cavallo, head of VW’s works council, didn’t provide ...
Volkswagen intends to close at least three plants in Germany and cut tens of thousands of jobs, the leader of the firm's ...
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
Fears had been mounting that Germany, Europe's biggest economy, would contract for a second consecutive quarter.
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 ...
Volkswagen is mulling the closure of factories in Germany for the first time to cut costs, while rivals BMW and Mercedes-Benz ...