Volkswagen and its compatriots are holding out hope that Germany ... and that VW needs to become leaner to compete with Tesla Inc. and new entrants from China. Due to German labor laws, much of the ...

Volkswagen managers will take pay cuts worth over €300m by 2030, according to comments published Wednesday from Gunnar Kilian, a VW human resources board member. Volkswagen’s board would lose ...

BERLIN, Jan 8 (Reuters) - Volkswagen's (VOWG_p.DE), opens new tab management will take pay cuts adding up to over 300 million euros ($310.08 million) by 2030, according to comments by VW human ...

Autoworkers of the world: Send us your statements against the jobs bloodbath in Germany by filling out the form ... acceptable” the cuts are for all those who depend on VW—from suppliers ...

which is precisely what VW and Scout intend to do," the letter said. Dealers have been grumbling about direct sales since Tesla rolled out its sales infrastructure over a decade ago. At the time ...

Thousands of positions will disappear in Germany by 2030 VW plans to downsize workforce through retirements and voluntary measures Further cost savings will come from efficiency drives at plants ...

There would be no immediate site closures or layoffs, and VW appeared to have backed away from demanding 10% wage cuts. The 35,000 future job cuts would represent around a quarter of VW's ...

Volkswagen AG reached an agreement with labor leaders to cut capacity at its namesake brand ... and preventing further union walkouts. VW agreed to keep the brand’s 10 German factories ...

(Bloomberg) — Volkswagen AG reached an agreement with labor leaders to cut capacity at its namesake brand while avoiding factory closures, capping three months of tense negotiations and preventing ...

BERLIN (Reuters) - Volkswagen (ETR:VOWG_p)'s planned cost-cutting programme was unavoidable ... China reveal decades of structural problems at VW," Blume told Sunday paper Bild am Sonntag.

"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," Blume told ... workers to take a 10% pay cut, arguing it was the only ...

Specifically, union leaders want VW to rule out plant closures as part of its cost-cutting efforts. "If we remain at this level, we will be unable to finance our future." Third quarter results for ...