Germany, Volkswagen
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.
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.
Volkswagen: Are 30,000 jobs at risk of being cut in Germany?
According to a media report, Germany's troubled carmaker Volkswagen could cut tens of thousands of jobs as part of savings measures. However the firm has not confirmed this figure.
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.
Germany looking for ways to support Volkswagen: Economy minister
Germany's government is exploring ways to support ailing Volkswagen, Economy Minister and Vice-Chancellor Robert Habeck said Thursday in response
Media reports Volkswagen planning great cutbacks in Germany
Volkswagen (VW) is reportedly preparing for significant cutbacks in Germany, which may include the closure of at least two factories and the eliminat
Germany considers support for Volkswagen amid job cut concerns
Germany’s economy minister and vice chancellor Robert Habeck said Thursday the government has plans to bail out Volkswagen (VW), the country’s leading car maker amidst fear of job losses. This follows news that VW has recently stated a large core brand will have to undergo major cost cuts operating in Germany these difficulties have been blamed on high operating costs,
autoevolution12h
Volkswagen Troubles Deepen Across the Globe As Sales Shrink and Massive Layoffs Loom
Volkswagen's troubles seem to worsen as the German carmaker considers closing car plants in Europe, China, and the US, with ...
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Jefferies analyst said that Volkswagen's unions "can only strike on pay, not plant closure or layoffs if the latter are not ...
Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old ...
Join us in building the Volkswagen Rank-and-File Committee!
On Wednesday, the following statement for the establishment of the rank-and-file committee at Volkswagen was discussed and ...
Volkswagen May Be Very Cheap For A Reason
Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
Institute for Energy Research9d
Volkswagen May Close Factories in Germany to Cut Costs and to Compete with China as the EV Transition Falters
Volkswagen, the leading automaker in Europe, is contemplating an unprecedented closure of its factories in Germany due to ...
Germany May Already Be in Mild Recession, Bundesbank Says
Germany’s economy may already be in recession, but a severe economic slump looks unlikely as things stand, according to the ...
Electrek1d
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 ...