The German carmaker reported that FY25 earnings after tax fell 44.3% year-on-year to €6.90bn, a result that multiple reports ...

German automaker Volkswagen plans to cut 50,000 jobs by 2030 as profits fall due to increased competition with Chinese ...

Volkswagen is no stranger to the military sector, and the automaker is now exploring the possibility of producing military ...

Germany's automotive giant Volkswagen said Tuesday it would cut 50,000 jobs at home by 2030 as its profit slid to its lowest ...

“In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany,” Volkswagen CEO Oliver Blume said in a letter to shareholders in the firm’s annual report.

The Volkswagen Group today released fourth-quarter and full-year 2025 financial results, and two things stand out more than anything. The operating profit has plunged 53.5% to €8.9 billion ($10.35 ...

BERLIN -- Volkswagen has informed employee representatives that it wants to close at least three plants in Germany, the head of the company's works council said Monday. Employee council chief Daniela ...

Volkswagen plans to close three German car factories, lay off thousands of German workers and cut salaries by 10% for those unaffected by the layoffs. VW’s works council leader Daniela Cavallo made ...

Add Yahoo as a preferred source to see more of our stories on Google. Volkswagen employees go on a warning strike in front of the Zwickau plant behind a banner with the slogan "Bad negotiations = ...

Add Yahoo as a preferred source to see more of our stories on Google. The US flag is reflected on a Volkswagen vehicle in Tennessee. Friso Gentsch/dpa The core car business is weakening, but German ...

Lufthansa pilots have called a two-day strike amid a dispute over pension payments. Meanwhile, Volkswagen says it plans to cut 50,000 jobs by 2030. DW has more.

Volkswagen said Tuesday that it would cut 50,000 jobs in Germany by 2030 as its profit slid to its lowest level since 2016.