Volkswagen’s CEO has indicated that he’s trying to avoid closing plants as he seeks to turn around the automaker’s ...
BERLÍN (AP) — El director ejecutivo de Volkswagen indicó en comentarios publicados el domingo que está tratando de evitar el ...
The German auto giant’s push into China powered it for decades, but now the company faces fierce competition from Chinese ...
The update followed a high-stakes boardroom showdown with the group's supervisory board.
It follows reports of 100,000 jobs being under threat at the German automaker.
The world’s second-largest automaker plans to halve its lineup of cars as part of its second major overhaul in two years.
The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable and ...
WOLFSBURG, Germany — Volkswagen’s proposal to slash tens of thousands more jobs and close factories faces a major test on ...
Things aren't looking good for Volkswagen at this time. The company's board has recently rejected CEO Oliver Blume's restructuring plan. VW is in dire need of profitability, as sales continue to fall ...
Europe's top carmaker said the model lineup would be gradually cut by up to half and concentrated on the most attractive ...
Reuters reports that Volkswagen is preparing for one of the most significant strategic overhauls in its history as it confronts shrinking margins, underused factories, rising tariffs, and increasingly ...
Volkswagen CEO Oliver Blume targets cost cuts without plant closures amid restructuring and China competition.