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German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting without having to resort to site closures, reflecting concerns about the country's biggest carmaker.
German Minister Dangles Prospect of Additional Aid for Carmakers
German Economy Minister Robert Habeck floated the idea of additional support for the country’s carmakers and will discuss ways to address the challenges facing the embattled sector in talks with executives on Monday in Berlin.
German minister: VW must solve most of its problems alone
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting sites in Germany for the first time in its 87-year history
Germany considering ways to support VW, economy minister says
Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the threat of job cuts at the country's largest carmaker.
Habeck says Germany's considering how to support Volkswagen
German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The firm has been grappling with weak electric vehicle sales.
2d
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge ...
1d
on MSN
Volkswagen ID.4 production halted in the US after its doors wouldn’t stay closed
I was driving my 2023 Volkswagen ID.4 when, seemingly out of nowhere, my driver-side door made several unusual clicking ...
1d
Recall forces Volkswagen to temporarily halt ID.4 production, furlough employees at Tennessee plant
Volkswagen announced it will temporarily suspend production of the ID.4 at its Chattanooga plant following a nationwide ...
1d
Volkswagen's audit of Xinjiang plant failed to meet international standard, FT reports
An audit commissioned by Volkswagen into its jointly owned site in Xinjiang, China, failed to meet key aspects of the ...
1d
Volkswagen Vows Open Mind As Contract Talks With UAW Begin
Volkswagen says it's entering its first contract negotiations with the UAW with an open mind, as talks get underway on ...
1d
‘I will be out of this Volkswagen Atlas.’
Her goal is to process a buyback as she experienced the transmission cut-out issue numerous times. The only problem was ...
11h
Volkswagen Continues To Face Challenges In China, Rated Hold
Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...
Electrek
2d
Volkswagen weighs another plant closure, this time in China as domestic EVs take control
Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s ...
22h
Volkswagen’s $3.5 Million Data Breach Settlement Survives Appeal
Volkswagen Group of America Inc., Audi of America LLC, and digital marketer Shift Digital will pay $3.5 million to settle a ...
4d
on MSN
Volkswagen May Cut 15,000 Jobs, Jefferies Says
Volkswagen may be considering at least 15,000 job cuts as it struggles against tough competition, Jefferies analysts wrote ...
Electrek
1d
NIO (NIO) eyes buying Volkswagen plant in historic market shake up
China’s NIO (NIO) is considering buying Volkswagen’s Audi plant in Brussels. Volkswagen’s plant is at risk of being shut ...
2h
VW Targets Job Cuts in China to Lower Costs as Sales Slump
Volkswagen AG has begun to trim corporate jobs in China as it works to reduce overhead by a target of 20% globally over the ...
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