German automotive giant Volkswagen (VWAGY) is considering significant cost-cutting measures to restructure amid an "extremely tense" economic situation as it faces increasing international competition
Volkswagen boss Oliver Blume, already battling slowing demand for electric cars and Chinese rivals, must now put aside his mantle as team player to tackle yet another tough opponent, Germany's powerfu
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90-year
An electric vehicle made in China by Volkswagen's CUPRA brand would be "wiped out" if the European Commission followed through with planned import tariffs of 21.3% on the vehicle, the brand's CEO told
Former Volkswagen Chief Executive Martin Winterkorn appeared in court on Tuesday on fraud charges over the so-called dieselgate scandal, nine years after the German carmaker was found to have rigged e
Volkswagen said it plans to end its job security programme -- which has been in place since 1994 and prevents job cuts until 2029 -- as it faces pressure from Asian competitors.

Ex-Volkswagen CEO faces trial over 'dieselgate'

03:54am, Tuesday, 03'rd Sep 2024
Former Volkswagen CEO Martin Winterkorn is set to go on trial Tuesday for his role in the "dieselgate" scandal, nine years after the saga first plunged the German auto titan into crisis.
Volkswagen Group (XETRA:VOW) is contemplating closing two factories in Germany as it faces challenges in shifting from fossil fuel vehicles to electric models. The automaker has informed its works cou
Volkswagen is considering factory closures in Germany for the first time in its 87-year history, parting with tradition and risking a feud with unions in a step that reflects the deep woes roiling Eu

VW mulls historic factory closures

02:14am, Tuesday, 03'rd Sep 2024
Volkswagen is considering factory closures and job cuts throughout Germany for the first time ever in the face of fierce competition from Asian rivals. Brazil's supreme court backs a ban on social med
Volkswagen VOW3 1.25%increase; green up pointing triangle is weighing closures of vehicle production and component factories in Germany to cut costs as the carmaker faces increasingly stiff competitio
German automotive giant Volkswagen said Monday it could take the unprecedented move to close production sites in Germany and threatened further job cuts as its savings plans stalled.
German carmaker Volkswagen on Monday warned it will no longer be able to rule out plant closures in the country, citing the specter of major cost-cutting measures in order to "future-proof" the compan
Volkswagen can no longer rule out plant closures in Germany as it seeks ways to save an extra several billions of euros in a cost-cutting drive underway at its namesake brand, the carmaker and its wor
Volkswagen AG trades at a significant discount, with a potential 50% upside and a 9.4% dividend yield, despite recent challenges and high debt. The company's diverse portfolio of twelve brands, includ
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE