FRANKFURT, Oct 30 (Reuters) - Volkswagen (VOWG_p.DE), opens new tab has proposed to cut wages at its brand by 10% to tackle weak demand and high costs, the division's personnel chief Arne ...
The fledgling but growing field of off-road-oriented electric vehicles just got a jolt with the introduction of two exciting and highly anticipated models: The Scout Traveler SUV and the Scout Ter ...
Volkswagen has finally presented their proposal to the IG Metall union, which calls for the elimination of some bonuses as well as a 10% pay cut. This stands in contrast to the union’s demand ...
Volkswagen on Wednesday said it had demanded a 10-percent wage cut in negotiations with workers' groups that fear the ailing German auto giant will close several plants on its home turf. VW ...
Volkswagen's direct-to-consumer strategy faces legal opposition, complicating growth. See why VWAGY stock remains a buy ...
Rivian leapt as Volkswagen will now up to $5.8 billion in their joint venture. VW aims to produce the first resulting ...
What is NOT so exciting, however, is how Volkswagen is choosing to sell the ... by an independent study of the cost and value of new-car distribution by the consulting firm, Oliver Wyman, which ...
Volkswagen AG plans to close at least three factories in Germany as Europe’s biggest automaker tries to slash expenses to ...
Volkswagen plans to close three German car factories, lay off thousands of German workers and cut salaries by 10% for ... that plant even more empty, as the new electric 718s are pegged to be ...
Volkswagen is looking to cut costs after posting disappointing third quarter results.The company saw a 42% decline in operating profit in the quarter due, in part, to a steep drop in China demand ...
Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10% wage cut and a two-year wage ...
German newspaper Handelsblatt says the carmaking giant is looking for ways to cut expenses ... the VW passenger car brand needs to save €10 billion ($11 billion) by 2026. If a new employee ...
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