German car manufacturer Volkswagen Group is planning a fresh savings programme amounting to around €60 billion ($71 billion), ...
Plant closures possible as part of German carmaker’s efforts to create resilience in face of competition from China ...
Volkswagen plans group-wide cost reductions of 20% by 2028 as it confronts rising expenses, weak demand in China and US ...
Volkswagen plans to cut costs 20% across brands by 2028 to counter China slowdown, tariffs and high spending, while moving to trim 35,000 Germany jobs by 2030 and streamline management and production.
BERLIN, Feb 16 (Reuters) - Volkswagen plans to cut costs by 20% ​across all brands by the end of 2028, Manager Magazin ...
Get ready to discover the 15 best new cars arriving in 2026 from Germany’s most iconic automakers: Mercedes‑Benz, Audi, ...
Chancellor Friedrich Merz is scrambling to defend German industry from the economic upheaval caused by intense rivalry from ...
On a dark February morning at Mercedes-Benz's vast Untertuerkheim plant, workers arriving for the early shift are met by ...
WOLFSBURG, Germany—Volkswagen Group recently produced its 5 millionth electric drive unit. The milestone represents VW’s ...
Thirteen months after agreeing to cut 35,000 jobs, the Volkswagen Board of Management is planning the next round of cuts—this time across all group brands.
Volkswagen Group is reported to be fielding bids for its marine engine giant Everllence in a takeover battle valuing the operation at between €5bn and €6bn ($7.1bn). The Financial Times cited sources ...
Volkswagen is preparing for one of its most aggressive efficiency drives in recent memory. According to a report from the ...