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Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Jefferies analyst said that Volkswagen's unions "can only strike on pay, not plant closure or layoffs if the latter are not contractually protected.”
German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting without having to resort to site closures, reflecting concerns about the country's biggest carmaker.
VW Weighs Cutting 15,000 Staff on Plant Closures, Jefferies Says
Volkswagen AG could force through decisions on plant closures this year, paving the way for more than 15,000 job cuts, according to analysts at Jefferies.
Volkswagen May Cut 15,000 Jobs, Jefferies Says
Key Takeaways Volkswagen may be considering at least 15,000 job cuts as it struggles against tough competition.Jefferies analysts made that prediction after holding three days of talks with VW officials.
3h
on MSN
Here's Why You Can't Buy A New Diesel Volkswagen Car In The USA
From electric to high-tech renditions of classics, Volkswagen has dozens of vehicle offerings. But here's why you can't buy a ...
1d
SAIC Volkswagen says adjusting plant base "necessary"
SAIC Volkswagen, responding to reports it would close its Nanjing plant, said on Saturday that adjusting its production base ...
3d
‘I will be out of this Volkswagen Atlas.’
Her goal is to process a buyback as she experienced the transmission cut-out issue numerous times. The only problem was ...
11d
Volkswagen is recalling close to 99K electric vehicles due to faulty door handles
The U.S. National Highway Traffic Safety Administration said that Volkswagen would recall 98,806 electric SUVs in order to ...
3d
Volkswagen Vows Open Mind As Contract Talks With UAW Begin
Volkswagen says it's entering its first contract negotiations with the UAW with an open mind, as talks get underway on ...
8d
on MSN
Updated Volkswagen Taos SUV is the New Entrance into the VW Brand
The new VW Taos features an updated version of its 1.5-liter turbocharged four-cylinder. With internal changes and a new ...
Electrek
4d
Volkswagen weighs another plant closure, this time in China as domestic EVs take control
Volkswagen is facing another possible plant closure, this time in China, the company’s largest market. Although China is VW’s ...
4d
on MSN
Volkswagen recalls vehicles for doors opening unexpectedly while driving
The National Highway Traffic Safety Administration announced that Volkswagen is recalling nearly 99,000 electric crossover ...
Transport Topics
2d
Volkswagen to Slash China Jobs as Part of Global Overhaul
Volkswagen AG has begun trimming corporate jobs in China as part of its goal to reduce overhead by 20% globally over the next ...
2d
Volkswagen Continues To Face Challenges In China, Rated Hold
Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...
ECOticias.com
5h
Volkswagen’s secret project finally unveiled: The first fuel cell this fuel destroys EVs
German automobile industry leader Volkswagen has recently filed to patent a brand new vehicle which utilizes futuristic and ...
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