News

Volkswagen AG is considering closing manufacturing plants in Germany. It would be the first-ever closure in Germany in the company’s entire history. The announcement could unleash a major labour ...
Volkswagen says auto industry headwinds ... It would also be the first time the company had shuttered any of its manufacturing plants since its U.S. facility in Westmoreland, Pennsylvania, closed ...
Volkswagen’s First Plant Closures in Germany ... and the second-largest manufacturer globally, plans to close manufacturing facilities in its home country for the first time in its 87-year ...
Automobile manufacturing is Germany’s most important ... that number translates roughly to the output of two of Volkswagen’s 10 plants in Germany, said Arno Antlitz, Volkswagen’s chief ...
BERLIN (AP) — Volkswagen has informed employee representatives that it wants to close at least three plants in Germany ... s deteriorating position as a manufacturing location and the need ...
Volkswagen is planning a "deeper-than-expected overhaul" of its manufacturing facilities to ... of staff and "permanently shrink" its remaining plants in Europe: "Management is absolutely serious ...
St Thomas Mayor Joe Preston and Sean Dyke, economic development chief executive, travelled recently to Germany to meet with ...
Volkswagen is contemplating to divest its design and engineering unit, Italdesign, as part of its strategy to revamp European ...
In a speech at Volkswagen’s main plant in Wolfsburg ... is falling further behind in terms of competitiveness as a manufacturing hub and that simple cost-cutting measures aren’t enough ...
PowerCo ‘confident’ its facility in St. Thomas, Ont., set to employ 3,000 workers, will shift into production in 2027 ...
Volkswagen may have to close plants in Germany for the first time ... combined with Germany’s loss of manufacturing cachet pointed to a need to “act decisively,” Blume said in the statement ...
Volkswagen announced an investment in its Kariega manufacturing plant in April 2024. The investment is aimed at preparing the plant to manufacture a third model from 2027. The model, which will be ...