German economy minister offers help to Volkswagen to avoid site closures
German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting without having to resort to site closures, reflecting concerns about the country's biggest carmaker.
Volkswagen must solve most of its problems alone, says German minister
Germany wants to support Volkswagen and help it avoid factory closures but the ailing car giant will have to fix most of its problems itself, Economy Minister Robert Habeck said Friday.
German Economy Minister Aims to Support Volkswagen Amid Cost-Cutting Challenges
German Economy Minister Robert Habeck has expressed his intention to assist Volkswagen in navigating its cost-cutting phase without resorting to site closures. This comes amid negotiations with unions over wage agreements and potential plant shutdowns.
German Minister Dangles Prospect of Additional Aid for Carmakers
German Economy Minister Robert Habeck floated the idea of additional support for the country’s carmakers and will discuss ways to address the challenges facing the embattled sector in talks with executives on Monday in Berlin.
Germany considering ways to support VW, economy minister says
Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the threat of job cuts at the country's largest carmaker.
Habeck says Germany's considering how to support Volkswagen
German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The firm has been grappling with weak electric vehicle sales.
Volkswagen May Be Very Cheap For A Reason
Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
Volkswagen ID.4 production halted in the US after its doors wouldn’t stay closed
The issue culminated this week with VW halting production of the all-electric ID.4 at its factory in Chattanooga, Tenn., as ...
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge ...
Volkswagen Continues To Face Challenges In China, Rated Hold
Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...
Volkswagen recalls vehicles for doors opening unexpectedly while driving
The National Highway Traffic Safety Administration announced that Volkswagen is recalling nearly 99,000 electric crossover ...
Volkswagen's audit of Xinjiang plant failed to meet international standard, FT reports
An audit commissioned by Volkswagen into its jointly owned site in Xinjiang, China, failed to meet key aspects of the ...
Recall forces Volkswagen to temporarily halt ID.4 production, furlough employees at Tennessee plant
Volkswagen announced it will temporarily suspend production of the ID.4 at its Chattanooga plant following a nationwide ...
‘I will be out of this Volkswagen Atlas.’
Her goal is to process a buyback as she experienced the transmission cut-out issue numerous times. The only problem was ...
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Volkswagen, Audi dealers sue over warranty policy
Volkswagen and Audi dealers in Illinois are suing VW Group of America over a new policy that recoups warranty-related costs ...
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Volkswagen: Are 30,000 jobs at risk of being cut in Germany?
According to a media report, Germany's troubled carmaker Volkswagen could cut tens of thousands of jobs as part of savings ...