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.

A global factory network, built for as many as 14 million vehicles, churned out barely 9 million vehicles last year as its EVs seek more buyers.

Volkswagen (VW) is reportedly preparing for significant cutbacks in Germany, which may include the closure of at least two factories and the eliminat

Germany's government is exploring ways to support ailing Volkswagen, Economy Minister and Vice-Chancellor Robert Habeck said Thursday in response

Chancellor, Robert Habeck, revealed that the government is exploring ways to support Volkswagen, following the automaker's announcement that significant cost cuts are necessary. Volkswagen cites high costs,

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.

German Economy Minister Robert Habeck has called on Volkswagen to refrain from factory closures. "The locations should be preserved," he said during a visit to the VW plant in the north-western city of Emden.

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,

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.