Anyone paying attention to the world economy shouldn't be surprised to hear that Volkswagen is the latest company to feel some financial discomfort. Automotive News cites Automobilwoche ...
Volkswagen sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros ($4.2 billion) in costs, the ...
Volkswagen has finally presented their proposal to the IG Metall union, which calls for the elimination of some bonuses as ...
and that each new generation of a model will boost fuel efficiency by at least 10 percent compared to the previous version. In addition to vehicle improvements, VW wants to cut factory-generated ...
FRANKFURT, Oct 30 (Reuters) - Volkswagen (VOWG_p.DE), opens new tab has proposed to cut wages at its brand by 10% to tackle weak demand and high costs, the division's personnel chief Arne ...
Volkswagen is looking to cut costs after posting disappointing third quarter results.The company saw a 42% decline in operating profit in the quarter due, in part, to a steep drop in China demand ...
Volkswagen on Wednesday said it had demanded a 10-percent wage cut in negotiations with workers' groups that fear the ailing German auto giant will close several plants on its home turf. VW ...