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At Close: Jun 04, 2026
VW and workers face off in second round of talks over pay and plants
01:37am, Wednesday, 30'th Oct 2024
Volkswagen and its powerful unions will lock horns on Wednesday for a second time over management plans for plant closures and mass layoffs, as Europe's biggest automaker battles to cope with high cos
Volkswagen eyes pay cuts to achieve majority of savings, reports Handelsblatt
11:16am, Tuesday, 29'th Oct 2024
Volkswagen is looking to achieve the majority of its billion-euro savings drive through wage cuts, Handelsblatt reported on Tuesday, citing a board of directors document.
Volkswagen's Audi in talks with potential investor for Brussels site
09:58am, Tuesday, 29'th Oct 2024
Volkswagen's luxury division Audi is in talks with a potential investor for its struggling Brussels plant, a company spokesperson said on Tuesday.
Volkswagen's China boss sees EV discounts as 'part of the business'
08:21am, Tuesday, 29'th Oct 2024
Volkswagen sees discounts on electric vehicles in China as "part of the business," the German carmaker's China boss Ralf Brandstaetter said in an interview with Handelsblatt on Tuesday.
Safety Cloud® Included in Volkswagen Suite of Safety-Enhancing Vehicle Features
03:25pm, Monday, 28'th Oct 2024
VW implementing H.E.L.P.® Alerts to notify oncoming vehicles when a Volkswagen vehicle is disabled, and also protecting VW motorists with Road Awareness Alerts that give Volkswagen drivers in-dash no
Volkswagen Stock Remains Undervalued Amid Cost-Cutting Moves
03:05pm, Monday, 28'th Oct 2024
Volkswagen is taking bold actions to right-size its cost structure amid weak car sales and intense competition from Chinese EV manufacturers. Despite challenges, Volkswagen stock's undervaluation pres
Porsche staff to join wave of strikes in key German industries
01:06pm, Monday, 28'th Oct 2024
Porsche AG staff at the German carmaker's site in Stuttgart will join a wave of strikes in key German industries on Tuesday, said IG Metall union's local branch, as part of national action planned to
Volkswagen to close Three Factories in Germany
12:51pm, Monday, 28'th Oct 2024
Volkswagen plans to close at least three factories, cut thousands of jobs and slash wages as Europe's biggest automaker tries to halt its tailspin. @MonicaRaymunt reports from the company's headquarte
Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs
11:30am, Monday, 28'th Oct 2024
Volkswagen plans to close factories in Germany for the first time, a top union official said. The German carmaker is under intense pressure to cut costs amid sliding sales in China.
Reactions to Volkswagen labour chief warning of mass layoffs, plant closures in Germany
08:07am, Monday, 28'th Oct 2024
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots a deeper-than-expected overhaul
Volkswagen to close three German factories and lay off thousands of workers
07:56am, Monday, 28'th Oct 2024
Volkswagen, Europe's largest car manufacturer, is planning to permanently shrink the size of its German operations.
Volkswagen to axe thousands of jobs and cut staff pay
07:49am, Monday, 28'th Oct 2024
Volkswagen Group (XETRA:VOW) is set to cut thousands of jobs, reduce staff pay and close several factories in Germany under efforts to bring down costs, its union has signalled. Workers council head D
VW Plans Closing Three German Factories to Cut Costs
06:51am, Monday, 28'th Oct 2024
Volkswagen's top labor leader said the automaker plans to close at least three factories in Germany to reduce costs and become more competitive. Oliver Crook reports on Bloomberg Television.
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
06:43am, Monday, 28'th Oct 2024
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.
Volkswagen plans major layoffs, to shut at least three German plants, works council head says
06:28am, Monday, 28'th Oct 2024
Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and permanently shrink its remaining plants in Europe's biggest economy as the continent's top carmaker
