Volkswagen plans to close as many as three of its German factories, a move unprecedented in the brand's history, as it looks to cut more than $4.3 billion in costs, The powerful workers' union is ...

The Volkswagen logo stands on the top of a VW headquarters building in Wolfsburg, Germany. (Swen Pfoertner/dpa via AP) FRANKFURT, Germany (AFP) — Ailing Volkswagen plans to close at least three ...

For the first time in its history, German automaker Volkswagen is considering shutting down two of its plants inside Germany. It's a move that shows the mounting pressure from Chinese competition and ...

Volkswagen plans to close three German car factories, lay off thousands of German workers and cut salaries by 10% for those unaffected by the layoffs. VW’s works council leader Daniela Cavallo made ...

Labour leaders at German automaker Volkswagen demanded concrete details from company management on possible job cuts at the start of collective bargaining talks on Wednesday. Several thousand VW ...

Volkswagen is considering widespread pay cuts and layoffs as well as the closure or size reduction of its plants in Germany, the company's works council said Monday. Stream NBC 5 for free, 24/7, ...

At the second meeting of the German VW Action Committee colleagues discussed and answered fundamental questions raised by workers. Questions ranged from an assessment of the current crisis at VW and ...

Germany’s largest industrial employer, Volkswagen, is reportedly considering closing at least two plants in Germany after years of declining value and a struggle to transition to electric vehicles.