Daimler to build largest US truck manufacturing plant
One of the largest truck manufacturing plants in the U.S. does not have an address yet. It instead…
Porsche board clears further restructuring – report
The supervisory board of VW Group-owned Porsche has approved another phase of restructuring, a company spokesperson told Reuters.…
Volkswagen board rejects restructuring proposal – report
Volkswagen’s (VW) supervisory board has voted against a restructuring proposal put forward by management underlining the scale of…
Volkswagen Is Planning To Restructure And Cut Half Of Its Model Lineup
Reuters reports that Volkswagen is preparing for one of the most significant strategic overhauls in its history as…
Volkswagen unveils four-year plan but lacks backing for overhaul with up to 100,000 job cuts
Volkswagen’s labour representatives on the supervisory board blocked a sweeping restructuring plan at a meeting on Thursday, Reuters…
Volkswagen unveils four-year plan but lacks backing for overhaul with up to 100,000 job cuts
Volkswagen’s labour representatives on the supervisory board blocked a sweeping restructuring plan at a meeting on Thursday, Reuters…
Volkswagen Sales Bloodbath Threatens To Shrink Model Lineup By 50%
Confronted by a collapsing market share in China, regulatory tariff walls, and high domestic manufacturing costs, Volkswagen executives…
Fury at Germany’s VW as board remains silent on rumoured job cuts
Volkswagen employees participate in an information and protest event organized by IG Metall in front of the VW…
Bosch CEO steps down
Bosch CEO Dr. Stefan Hartung is stepping down. In a statement, Bosch said Dr. Stefan Hartung is stepping…
Volkswagen eyes 100,000 job cuts and four plant closures – report
Volkswagen is assessing the closure of four factories in Germany and cuts of as many as 100,000 jobs,…
Volkswagen eyes cutting 100,000 jobs and closing plants, report says
VW “must undergo profound change”, said a company spokesperson, declining to comment on the specifics of the Manager…
Volkswagen May Axe 100k Jobs And Close 4 Plants Amid Growing Pressure From Chinese Rivals
Volkswagen is reportedly preparing one of the largest restructuring plans in automotive history as the company battles declining…