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.
‘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 labour chief sounds alarm on mass layoffs and three German …
WOLFSBURG, Germany, Oct 28 (Reuters) - Volkswagen (VOWG_p.DE) plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's...
Volkswagen says cost cuts are urgently needed ... - Associated Press News
Oct 30, 2024 · Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces employee representatives angry at the possibility of the automaker’s first plant closures in Germany.
Volkswagen’s $4.3 billion cost-cutting plan threatens ... - Autoblog
Nov 4, 2024 · Volkswagen's Wolfsburg workers earn $80,000 compared to $20,000 in Mexico Volkswagen’s German operations have long been at the heart of its global brand. Yet, high production costs in Germany ...
Volkswagen May Close German Plants for First Time in Its History
Oct 28, 2024 · Volkswagen could shut down as many as three factories in Germany and lay off tens of thousands of workers as it seeks to regain its edge in Europe amid slumping sales and increased competition ...
Volkswagen plans to shut factories and lay off tens of ... - Sky News
Oct 28, 2024 · Volkswagen is planning to shut at least three factories in Germany and lay off tens of thousands of staff. Its remaining plants in Germany are also set to be downsized, according to the head of the company's works council Daniela Cavallo.
Volkswagen considers first closure of a German auto plant | AP News
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 considers historic German plant closures in cost drive
Sep 2, 2024 · Volkswagen is considering closing factories in Germany for the first time, in a move that shows the mounting price pressure Europe's top carmaker faces from Asian rivals.
Volkswagen considers shutting German plant for first time ever ...
Sep 3, 2024 · It is now considering shutting down Volkswagen plants in Germany while attempting to end an agreement with unions to keep jobs safe until 2029. Volkswagen CEO Oliver Blume blamed the plight...