"The weak market demand in Europe and significantly lower earnings from China reveal decades of structural problems at VW," ...

It wasn't long ago that Volkswagen, the world's second largest automaker, had weathered the Dieselgate scandal and jumped ...

High labor costs and lower sales have created the perfect storm.

With its market share in China falling, Volkswagen says its needs to get its house in order back at home base.

German carmaker Volkswagen, through its CEO Oliver Blume, revealed that the planned cost-cutting program the company ...

T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...

Volkswagen Group of America will recall over 114,000 vehicles over the risk of an air bag exploding, according to the top U.S. auto safety regulator.

VW's problems have fed wider anxieties about Germany's status as an industrial powerhouse and the competitiveness of European ...

Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and cut salaries in response to ...

Volkswagen bosses have stressed the “urgent need” for drastic cutbacks after the car giant’s quarterly profits slumped by ...

BERLIN (Reuters) - Volkswagen's planned cost-cutting programme was unavoidable in order to remedy "decades of structural problems" at the German carmaker, CEO Oliver Blume said in an interview ...