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German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting without having to resort to site closures, reflecting concerns about the country's biggest carmaker.
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Jefferies analyst said that Volkswagen's unions "can only strike on pay, not plant closure or layoffs if the latter are not contractually protected.”
VW Weighs Cutting 15,000 Staff on Plant Closures, Jefferies Says
Volkswagen AG could force through decisions on plant closures this year, paving the way for more than 15,000 job cuts, according to analysts at Jefferies.
Volkswagen May Cut 15,000 Jobs, Jefferies Says
Key Takeaways Volkswagen may be considering at least 15,000 job cuts as it struggles against tough competition.Jefferies analysts made that prediction after holding three days of talks with VW officials.
2h
SAIC Volkswagen says adjusting plant base "necessary"
SAIC Volkswagen, responding to reports it would close its Nanjing plant, said on Saturday that adjusting its production base ...
autoevolution
14h
Volkswagen Troubles Deepen Across the Globe As Sales Shrink and Massive Layoffs Loom
Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...
2d
Recall forces Volkswagen to temporarily halt ID.4 production, furlough employees at Tennessee plant
Volkswagen announced it will temporarily suspend production of the ID.4 at its Chattanooga plant following a nationwide ...
1d
Volkswagen May Be Very Cheap For A Reason
Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
1d
on MSN
Volkswagen ID.4 production halted in the US after its doors wouldn’t stay closed
The issue culminated this week with VW halting production of the all-electric ID.4 at its factory in Chattanooga, Tenn., as ...
Transport Topics
15h
Volkswagen to Slash China Jobs as Part of Global Overhaul
Volkswagen AG has begun trimming corporate jobs in China as part of its goal to reduce overhead by 20% globally over the next ...
2d
‘I will be out of this Volkswagen Atlas.’
Her goal is to process a buyback as she experienced the transmission cut-out issue numerous times. The only problem was ...
20h
Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old ...
Ars Technica
2d
Volkswagen halts ID. 4 production and sales due to bad door handles
Volkswagen
has a bit of a headache on its hands with the ID.4 crossover. There's a problem with the electric vehicle's ...
cbtnews
2d
Volkswagen, Audi dealers sue over warranty policy
Volkswagen and Audi dealers in Illinois are suing VW Group of America over a new policy that recoups warranty-related costs ...
18h
VW Targets Job Cuts in China to Lower Costs as Sales Slump
Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the ...
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