Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at cutting over $4.3 billion. The announcement signals a significant shift for ...
VW subsidiary Audi is already moving decisively, planning to halt EV production at its Belgium plant in Brussels altogether by the end of February. About 3,000 Audi workers may lose their jobs, a ...
Volkswagen is bracing for a more intense restructuring plan than initially anticipated, which could result in tens of thousands of job cuts among its German workforce — marking one of the ...
By Melissa Eddy Melissa Eddy covers Volkswagen and German business from Berlin. Volkswagen could shut down as many as three factories in Germany and lay off tens of thousands of workers as it ...
BMW and Mercedes-Benz have issued profit warnings in recent weeks amid slumping EV sales in Europe and brutal competition in China, while Volkswagen is also facing a reckoning. On Wednesday VW ...
Your browser does not support the audio element. Skoda Auto Volkswagen India Pvt Ltd (SAVIPL) is gearing up to produce a range of mainstream electric vehicles to be ...
Volkswagen's Scout brand hasn't even launched and already it's in trouble. VW has said it wants to sell its new line of pickup trucks and SUVs directly to consumers -- you know, the way Tesla ...
WOLFSBURG, Germany (Reuters) -Volkswagen asked its workers to take a 10% pay cut on Wednesday, arguing it was the only way that Europe's biggest carmaker could save jobs and remain competitive as ...
VW, unions in weekly talks ahead of next negotiation round Focus is on finding common understanding of issues, union says Unions threaten to paralyse VW if sites are closed VW says new strategy to ...
We finally know how much Volkswagen's retro-futuristic ID Buzz electric van will cost when it arrives in showrooms later this year, and before you do a spit-take when you see the price ...
The fledgling but growing field of off-road-oriented electric vehicles just got a jolt with the introduction of two exciting and highly anticipated models: The Scout Traveler SUV and the Scout Ter ...
Volkswagen of America and Electrify America today announced a three-year charging plan for the 2025 ID. Buzz. The 2025 ID. Buzz charging plan includes three years of Electrify America’s Pass+ ...