Volkswagen CEO Oliver Blume indicated on Sunday that he's trying to avoid closing plants at the German storied automaker, and ...

The update followed a high-stakes boardroom showdown with the group's supervisory board.

Reports say CEO Oliver Blume is now considering increasing job cuts to 100,000, as well as potentially closing four factories ...

Volkswagen reported weak sales numbers on Friday, a day after the giant German automaker announced plans to slash the number ...

Volkswagen will cut up to 100,000 jobs and close four German plants in its largest restructuring ever, as Chinese EV competition intensifies.

Volkswagen's plan to cut up to 100,000 jobs and close four German factories faces a ​major test on Thursday as the groups ...

The Volkswagen Group’s Executive Board has laid out an unsparing future plan that will see the automotive giant gradually slash up to 50 percent of its global model portfolio by 2030, restructuring ...

The German auto giant’s push into China powered it for decades, but now the company faces fierce competition from Chinese ...

Volkswagen is reportedly considering a massive overhaul, including closing four German factories and significantly increasing ...