(Bloomberg) -- Volkswagen AG is considering unprecedented factory closures in Germany, setting up a showdown with powerful unions as the country’s most important industry fights for its future. The ...
Volkswagen plans to close as many as three of its German factories, a move unprecedented in the brand's history, as it looks to cut more than $4.3 billion in costs, The powerful workers' union is ...
Rheinmetall, the German defense giant once controlled by the Third Reich, is considering acquiring one of Volkswagen's ...
FRANKFURT, Germany — 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 ...
BERLIN, Sept 6 (Reuters) - Having lost cheap energy from Russia and facing uncertainty over its once-lucrative trade ties with China, big German business is now facing a crunch point over a third ...
Volkswagen employees go on a warning strike in front of the Zwickau plant behind a banner with the slogan "Bad negotiations = wildfire". Europe's largest car manufacturer, Volkswagen, is launching ...
Local Volkswagen officials may not have been jolted but at least must have been shaken by the news that the German carmaker is considering closing some factories in its home county for the first time ...
Volkswagen AG considering its first-ever factory closures in Germany, as well as compulsory layoffs, is tantamount to a revolution at a company that has long prioritized protecting domestic jobs above ...
A new Bloomberg report cites that Volkswagen may in fact be working on a deal to keep its factories in Germany open. The report stated that the automaker is considering keeping its plants up and ...
As rumored last year, Volkswagen might not be able to avoid closing factories in Germany. The best outcome would be selling some of them to Chinese carmakers that want to start production in Europe.
Volkswagen workers across Germany stopped work on Monday as the conflict between the German automotive giant and its employees over changes to labor agreements and potential factory closures escalated ...