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Volkswagen Boss Hails Cost-cutting Deal
Volkswagen shares fall as market struggles to digest unions deal
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely headwinds in 2025.
Volkswagen Boss Hails Cost-cutting Deal But Shares Fall
Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to close factories, but the car giant's shares fell heavily on Monday.
Volkswagen reaches deal with union after grueling talks
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last gasp deal between Europe’s top carmaker and unions on Friday to avert mass strikes.
Volkswagen Aims to Reduce Workforce by 35,000 in Deal With Union
The auto giant strikes an agreement to cut billions of dollars in costs while avoiding factory closures.
What's in Volkswagen's deal with the unions in Germany?
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. The agreement followed more than 70 hours of talks and averted the spectre of strikes at Europe's largest carmaker.
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13h
The Evil Crimes Volkswagen Doesn't Want You to Know About
Did you know that Volkswagen, now one of the largest automakers in the world, was originally founded as a pet project of ...
2h
‘That’s a Scion XB’: Dealership salesman hails return of Volkswagen bus. But should you really consider the ID.Buzz at that price point?
Volkswagen’s hotly anticipated revival of its trademark bus brand is back in EV form. The ID.Buzz takes the original “peace and love mobile” and turns it into something a flower child would drive in ...
DPA International on MSN
1d
Former Volkswagen CEO accuses judge of bias in Dieselgate case
Former Volkswagen Group chief executive Martin Winterkorn has accused the judge leading a criminal trial into the 77-year-old ...
MarketWatch on MSN
4d
Volkswagen wage deal for 120,000 German workers avoids layoffs, plant closures
Volkswagen
and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that ...
4d
on MSN
Volkswagen strikes deal to avoid German plant closures
VW and labor unions agreed on job cuts, capacity reductions, and production shifts to maintain German factories while ...
1d
on MSN
Tested: 2025 Volkswagen Taos
The smallest Volkswagen SUV is surprisingly spacious and refined for a compact.
1d
on MSN
Volkswagen shares fall as markets struggles to digest unions deal
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting ...
2d
Nissan and Honda announce merger plans to take on Toyota and Volkswagen
A potential merger of Honda and Nissan, and its alliance partners Mitsubishi and Renault SA, could create a new manufacturer ...
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