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Volkswagen, VW
VW Targets Job Cuts in China to Lower Costs as Sales Slump
Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the next three years.
Volkswagen denies plans to cut 30,000 staff from its workforce
CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have banned layoffs until 2029. View on euronews
VW Could Cut Up To 30,000 Jobs, R&D Might Take A Massive Hit
Reports indicate Volkswagen may cut up to 30,000 jobs amid financial pressures. VW denied that number, but declined to say how many employees might be let go. Some of the deepest cuts could be made to the research and development departments.
Volkswagen denies report that it is mulling 30,000 job cuts
Ailing German carmaker Volkswagen on Thursday declined a media report that it is planning to lay off up to 30,000 employees. "One thing is clear: Volkswagen has to reduce its costs at its German locations,
German Economy, VW
German economy minister calls on VW to not close factories
German Economy Minister Robert Habeck has called on Volkswagen to refrain from factory closures. "The locations should be preserved," he said during a visit to the VW plant in the north-western city of Emden.
Germany considering ways to support VW, economy minister says
Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the threat of job cuts at the country's largest carmaker.
German Minister Dangles Prospect of Additional Aid for Carmakers
German Economy Minister Robert Habeck floated the idea of additional support for the country’s carmakers and will discuss ways to address the challenges facing the embattled sector in talks with executives on Monday in Berlin.
1d
on MSN
VW's latest move might compromise the good graces of the UAW
Related: Volkswagen gears up for UAW labor contract battle "But here's what we know: Volkswagen's most important market is ...
20h
International lawmakers call on VW to withdraw from Xinjiang, FT reports
Volkswagen faces calls to withdraw from Xinjiang, China, from dozens of international lawmakers as the carmaker's audit of ...
Automotive News
19h
Top 5 stories of the week: VW drops in-house loans; UAW pressures Stellantis
Those are two of the top five stories of the week as determined by Automotive News reader interest. Volkswagen will no longer ...
Ars Technica
2d
Volkswagen halts ID. 4 production and sales due to bad door handles
Volkswagen has a bit of a headache on its hands with the ID.4 crossover. There's a problem with the electric vehicle's ...
2d
VW and China Partner SAIC Set to Close Plant as Sales Shrink
Volkswagen AG and its oldest Chinese partner plan to shutter one plant in China and possibly more in response to slowing ...
Automotive News
2d
VW stops sale of ID4 over faulty door handles, halts output and furloughs employees
As a result of a stop-sale, VW is pausing ID4 production in Chattanooga with some employees set to be furloughed.
1d
on MSN
VW Halts ID.4 Production Because Doors Could Open Themselves
Earlier this month, Volkswagen issued a recall for 98,806 ID.4 electric crossovers due to a door handle water ingress problem ...
Green Car Reports
23h
VW recalling certain 2003-2024 ID.4s due to air bag inflator
The recall includes just 837 vehicles from model years 2023 and 2024. In these vehicles, nuts securing the primary inflator of the passenger front airbag may have been left loose at the factory. This ...
2d
VW, SAIC wollen Passat-Werk in Nanjing schließen: Kreise
Volkswagen und sein ältester chinesischer Partner planen die Schließung eines und möglicherweise weiterer Werke in China, um ...
10h
on MSN
VW Dealers Get A Sneak Peek At New Atlas, Tiguan Confirmed For LA Show
The US-spec Tiguan will debut at the LA Auto Show and launch next summer. Dealers were shown the redesigned Atlas as well ...
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