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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’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 ...
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 ...
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 ...
St Thomas Mayor Joe Preston and Sean Dyke, economic development chief executive, travelled recently to Germany to meet with ...
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 ...
PowerCo ‘confident’ its facility in St. Thomas, Ont., set to employ 3,000 workers, will shift into production in 2027 ...
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 ...
Volkswagen is contemplating to divest its design and engineering unit, Italdesign, as part of its strategy to revamp European ...
Germany in particular as a manufacturing location is falling further behind in terms of competitiveness. Volkswagen, which embarked on a €10 billion ($11.1 billion) cost-cutting effort late last ...
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 ...