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Volkswagen says auto industry headwinds mean the German automaker can't rule out plant closings in its home country, while the company is also dropping a longstanding job protection pledge that ...
Volkswagen's restructuring of its Wolfsburg plant from 2027 to make way for EV-only production could result in a temporary ...
Volkswagen (OTCPK:VLKAF) on Monday said it can't rule out plant closures in Germany as the carmaker looks for ways to cut costs. The company determined one large vehicle plant and one component ...
“We are Volkswagen, you are not,” workers chanted. Daniela Cavallo, who chairs the company works council representing employees, said the council “won't go along with plant closings.
The company hasn't publicly detailed its plans. Volkswagen said in early September that auto industry headwinds mean it can’t rule out plant closures in its home country, and must drop a job ...
The German union IG Metall said Friday it had reached a deal with Volkswagen to avoid involuntary redundancies and plant closures at the carmaker's production sites in Germany until 2030.
It’s been almost a year since Volkswagen broke the news that it was considering closing its first plant in Germany in its 87-year history. CEO Oliver Blume told employees that a three-decade-old ...
“There will be no plant closures with us.” Clashes with unions have cost several chief executives at Volkswagen their jobs. Already the unions are gearing up for wage negotiations that are set ...
Instead of plant closures, the board should be reducing complexity and taking advantage of synergies across the Volkswagen group's plans, said Cavallo.