The coalition could not agree how to fund new support for Ukraine and failed to fully implement the ‘Zeitenwende’. A new ...
Investor confidence in Germany’s economy unexpectedly worsened in November after a spate of bad news from the country’s ...
MUNICH (Reuters) -Germany's largest industrial union said it had struck a wage deal in regional ... The agreement comes a ...
Volkswagen's direct-to-consumer strategy faces legal opposition, complicating growth. See why VWAGY stock remains a buy ...
This article explores the potential for transformative economic reforms and a revitalized approach to Germany’s pressing ...
Audi plans to reduce its workforce in the medium term by axing thousands of jobs outside of production, particularly the ...
The giant auto producer like all its major competitors has seized on the transition to EV production to cut jobs and labour costs at the expense of its global workforce, including slashing thousands ...
China’s state-backed EV giants like BYD are driving Volkswagen into a corner with aggressive pricing and political challenges ...
ShareVolkswagen, the German automotive giant, has surprised the world with a decision that shakes both the industry and thousands of families: closing several plants and drastically reducing its ...
Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German ...
Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
EV leaders are facing roadblocks heading into the final quarter of 2024.