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VW Targets Job Cuts in China to Lower Costs
VW targets job cuts in China to lower costs amid sales decline and EV shift
In response to a sales slump in China, Volkswagen AG plans to cut hundreds of corporate jobs and reduce costs by 20 per cent globally. The restructuring includes layoffs at its premium Audi brand and a reassessment of personnel levels amid increased competition and market shifts.
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,
VW ‘considers cutting 30,000 jobs’
VW is considering axing as many as 30,000 jobs as it scrambles to save billions of euros amid a slowdown in the car market, German media has reported. The carmaker recently announced it could close some of its German factories for the first time in history as it struggles to reinvent itself for the electric era.
1d
on MSN
Cupra Raval Is VW’s Answer To The Mini Cooper E
Cupra’s Raval subcompact has been spied testing for the first time ahead of a 2025 launch. The junior EV is based on the same ...
Automotive News
2d
VW appoints new Wolfsburg plant boss to lead shift to EV production
Uwe Schwartz, plant manager at the automaker’s factory in Emden, Germany, will take on the same role in Wolfsburg on Nov. 1.
Motor Trend
10d
2024 Chevy Equinox EV vs. VW ID4: Which Is the Best Affordable Electric SUV?
We take two affordable small electric SUVs to the homestead of farmworkers’ rights champion Cesar Chavez—can the compact Chevy take down the VW?
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2025 Cupra Raval: What We Know About The Pint-Sized EV
We preview Spain’s stylish alternative to VW’s ID.2, expected to launch in Europe and other select markets in 2025 ...
Automotive News
1d
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 ...
CounterPunch
1d
Driving VW Off a Cliff
For the first time ever, Volkswagen intends shuttering factories across Germany and tearing up labor contracts with its ...
6d
on MSN
Why VW Is Shrinking Grilles Across Its Entire Lineup
Facelifted compact SUV’s new nose works better with the illuminated light bar, VW says, and it’ll be rolled out to more models this year ...
Team-BHP.com
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Rented this VW Beetle-like EV in Bangkok for a week: Review with images
The GWM ORA Good Cat is not on sale in India. But it is on sale in quite a few other countries.Good Cat Pros:Good range for a ...
1d
Europe’s EV sales plunge has carmakers seeking EU relief
Germany’s electric-vehicle market plunged last month, leading a broader decline in Europe that’s left carmakers calling on ...
Automotive News
1d
VW ends Polo output in Spain to prep plant for EV shift
The automaker will make affordable full-electric small cars in Pamplona starting in 2026 while Polo production for Europe ...
2d
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 ...
TopSpeed on MSN
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The 2025 Cupra Raval EV Spotted, Could Kick Off Brand's North American Intro
The VW-owned Spanish automaker announced its entrance into the US with a full lineup of EVs earlier this year.
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