For the first time ever, Volkswagen plans to shut the doors to a facility on its home turf. The company plans to close not one but at least three plants in Germany as it faces mounting pressure ...

BERLIN — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the ...

Volkswagen said last month that the company’s half-year results indicated it would not achieve its target of 10 billion euros ($10.8 billion) in cost savings by 2026. The logo of Volkswagen is ...

BMW and Mercedes-Benz have issued profit warnings in recent weeks amid slumping EV sales in Europe and brutal competition in China, while Volkswagen is also facing a reckoning. On Wednesday VW ...

Volkswagen’s (VWAGY) planned cost-cutting program was unavoidable in order to remedy “decades of structural problems” at the German carmaker, CEO Oliver Blume said in an interview published ...

Daniel Cavallo, head of Volkswagen’s (VWAGY) works council, said that the car maker intends to shut down at least three factories in Germany, cut tens of thousands of jobs, and shrink its ...

LONDON, Oct 28 (Reuters) - Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it plots ...

Volkswagen is launching a new ID.3 model in China with an LFP battery pack as it looks to compete with lower-priced rivals. Chinese automakers like CATL and BYD dominate the LFP battery market ...

BERLIN: Volkswagen AG workers in Germany will pause production this week to join rallies about the automaker’s plans for unprecedented factory closures in the country. Labour leaders plan to ...

Design and Features The ID. Buzz retains classic design elements such as the prominent VW logo and two-tone paint schemes, evoking a sense of nostalgia. Inside, it offers a spacious cabin with ...