CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have ...

The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a reversal from the years immediately after the pandemic, when supply chain s ...

Volkswagen's Chief Financial Officer Arno Antlitz could significantly reduce the Group's investments. For example, he may ...

Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...

German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through this period of cost-cutting without site closures.

For the first time ever, Volkswagen intends shuttering factories across Germany and tearing up labor contracts with its ...

German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the ...

Daimler Truck brought the more ambitious of the deals, with a 3.5 and six year trade first marketed at €1bn, then bumped up ...

In view of the crisis in the German automobile industry, Economy Minister Robert Habeck is inviting stakeholders to a "car ...

“After extensive review, in response to the stop-sale of the ID.4, we will temporarily suspend production of the vehicle at ...

Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck ...