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‘A very serious situation’: Volkswagen could close plants in Germany …
Sep 2, 2024 · Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle...
VW reaches union deal to cut 35,000 German jobs after gruelling …
Dec 20, 2024 · Volkswagen on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and sharp capacity reductions in a last-gasp deal between Europe's top...
Volkswagen’s woes mount as workers go on strike across Germany …
Dec 1, 2024 · Workers at nine of Volkswagen’s 10 plants in Germany are striking, according to IG Metall, with one site subject to a separate collective bargaining agreement excluded. Employees of...
VW to Close German Plants for the First Time amid Financial Woes
Oct 28, 2024 · In its 87-year history, Volkswagen has never closed a factory in Germany. While VW is officially silent on the developments, the head of the company's works council today announced plans to...
Volkswagen considers first closure of a German auto plant - AP …
Sep 8, 2024 · FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history, saying it otherwise won’t meet the cost-cutting goals it needs to remain competitive.
Volkswagen - Wikipedia
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] ⓘ) [Note 1] is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by The German Labour Front, it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst.
Volkswagen plans to close ‘at least’ 3 German plants and lay off ...
Oct 28, 2024 · Volkswagen plans to close at least three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday.
Nine Volkswagen plants on strike as worker rift with management …
Dec 2, 2024 · Workers at nine Volkswagen car and component plants across Germany started two-hour strikes on Monday, bringing assembly lines to a halt as labour and management clash over the future of...
Volkswagen may not close its factories in Germany after all
Dec 19, 2024 · Volkswagen plans to close at least three factories, lay off thousands of workers, and trim pay for those remaining by 10%, all as it fights to stay alive amid stiff competition from China.
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