German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting without having to resort to site closures, reflecting concerns about the country's biggest carmaker.
German Economy Minister Habeck convenes 'car summit'
In view of the crisis in the German automobile industry, Economy Minister Robert Habeck is inviting stakeholders to a "car summit" next Monday. Habeck has invited the automotive industry to an exchange on the current situation,
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.
Germany considering ways to support VW, says economy minister
Germany's government is exploring ways to support Volkswagen amid potential job cuts. The carmaker plans to reduce costs due to high expenses and competition. Economy Minister Robert Habeck emphasized VW's importance and will visit a plant in Emden.
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.
autoevolution6h
Volkswagen Troubles Deepen Across the Globe As Sales Shrink and Massive Layoffs Loom
Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...
Volkswagen May Be Very Cheap For A Reason
Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge ...
Volkswagen recalls vehicles for doors opening unexpectedly while driving
The National Highway Traffic Safety Administration announced that Volkswagen is recalling nearly 99,000 electric crossover ...
Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old ...
Transport Topics8h
Volkswagen to Slash China Jobs as Part of Global Overhaul
Volkswagen AG has begun trimming corporate jobs in China as part of its goal to reduce overhead by 20% globally over the next ...
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Jefferies analyst said that Volkswagen's unions "can only strike on pay, not plant closure or layoffs if the latter are not ...
‘I will be out of this Volkswagen Atlas.’
Her goal is to process a buyback as she experienced the transmission cut-out issue numerous times. The only problem was ...
Recall forces Volkswagen to temporarily halt ID.4 production, furlough employees at Tennessee plant
Volkswagen announced it will temporarily suspend production of the ID.4 at its Chattanooga plant following a nationwide ...
Volkswagen ID.4 production halted in the US after its doors wouldn’t stay closed
The issue culminated this week with VW halting production of the all-electric ID.4 at its factory in Chattanooga, Tenn., as ...
Ars Technica1d
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 ...
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 ...