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Ailing auto giant Volkswagen warned Wednesday that “painful” cost cuts were unavoidable as third-quarter profit plummeted, fuelling tensions with unions which fear mass job...
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Europe’s biggest carmaker Volkswagen reported a 64-percent drop in third-quarter net profit Wednesday, as it struggles with high costs and slowing sales in China....
Business
Ailing auto giant Volkswagen plans to close at least three factories in Germany and slash tens of thousands of jobs.
Business
Volkswagen is considering closing several plants in Germany and slashing salaries by 10 percent as the ailing auto giant pursues a drastic cost-cutting plan,...
Business
Volkswagen bosses and workers’ representatives started crunch talks Wednesday about the ailing German auto titan’s drastic cost-cutting plans, with thousands of staff staging a...
Business
Volkswagen managers and workers representatives will start crunch talks in Hanover on Wednesday, following the German group’s announcement that drastic cost-cutting measures are needed...
Business
Here are some of the key challenges facing Europe's biggest car maker.
Business
Volkswagen on Tuesday axed an agreement protecting jobs in Germany that had been in place three decades, as the ailing auto titan pushes ahead...
Business
Volkswagen executives defended plans to consider the unprecedented closure of factories in Germany.
Business
Former Volkswagen CEO Martin Winterkorn said Wednesday the charges against him were “implausible” as he testified at his trial over the “dieselgate” scandal that...