Volkswagen's half-year results indicate it will not achieve its target for 10 billion euros ($11 billion) in cost savings by 2026, the company said. The discussion around closures and layoffs is ...

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

Group held a 46% market share in the German electric car market in the first half of the year, putting it far ahead of ...

Volkswagen has been in trouble, as have its employees. The carmaker is Germany’s crown jewel—the country's largest company and most significant private employer. Since Volkswagen announced ...

Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at cutting over $4.3 billion.. The announcement signals a significant shift ...

Tens of thousands of Volkswagen workers are taking part in strikes at plants across Germany Monday, marking the largest walkouts at the carmaker’s domestic operations since 2018.

Volkswagen has some 120,000 employees in Germany, where it has 10 plants — six of them in the northern state of Lower Saxony, including Wolfsburg. The IG Metall industrial union sharply ...

FILE - In this Wednesday, Aug. 1, 2018 photo a logo of the brand Volkswagen is pictured on top of a company building at the Volkswagen plant in Wolfsburg, Germany.

Volkswagen's agreement is similar to another deal the IG Metall labor union negotiated earlier this month with Mercedes-Benz owner Daimler and more than 700 engineering firms in southwestern Germany.

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.