Germany considering ways to support Volkswagen
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.
Germany looking for ways to support Volkswagen: Economy minister
Germany's government is exploring ways to support ailing Volkswagen, Economy Minister and Vice-Chancellor Robert Habeck said Thursday in response
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.
Volkswagen proposes first-ever factory closure in Germany. Why it's a big deal?
The potential closure of Volkswagen factories in Germany is a significant issue due to the company’s historical role in the country. Volkswagen has been a symbol of German industrial success since World War II. The prospect of closing plants not only affects employees but also has broader implications for Germany’s automotive industry and economy.
German economy minister calls on VW to not close factories
German Economy Minister Robert Habeck has called on Volkswagen to refrain from factory closures. "The locations should be preserved," he said during a visit to the VW plant in the north-western city of Emden.
German economy minister offers help to Volkswagen to avoid site closures
EMDEN, Germany (Reuters) -German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through this period of cost-cutting without site closures. During a visit to the carmaker's factory in Emden,
Volkswagen, Germany’s largest private employer, could cut over 15,000 jobs with plant closures—and there’s no plan B, Jefferies says
Jefferies analyst said that Volkswagen's unions "can only strike on pay, not plant closure or layoffs if the latter are not ...
Anadolu Ajansi9d
Volkswagen’s possible plant closures in Germany ignite debate, raising concerns over industrial future
Company's restructuring plan faces backlash as country grapples with competition, energy costs - Anadolu Ajansı ...
Institute for Energy Research8d
Volkswagen May Close Factories in Germany to Cut Costs and to Compete with China as the EV Transition Falters
Volkswagen, the leading automaker in Europe, is contemplating an unprecedented closure of its factories in Germany due to ...
The Daily Telegraph7d
Why Volkswagen is taking on Germany’s mighty unions
VW’s German employees have turned out in force against the carmaker’s cost-cutting proposals Credit: Hendrik Schmidt/Avalon Volkswagen, Germany’s largest carmaker, is staring down an ...
NewsX10d
Will Volkswagen Close Plants In Germany Amidst Growing Challenges?
Volkswagen’s financial chief, Arno Antlitz, initially estimated the company had two to three years to address its mounting ...
Germany’s image as car superpower hit by Volkswagen’s decline
The chronicle of VW’s decline mirrors the flaws in what had been Germany’s model for success. Read more at straitstimes.com.
Yahoo Finance7d
Why Volkswagen is taking on Germany’s mighty unions
Volkswagen, Germany’s largest carmaker, is staring down an unprecedented crisis. Whether it be dwindling demand for electric cars, high energy prices or competition from Chinese rivals ...
Euronews3h
Volkswagen denies plans to cut 30,000 staff from its workforce
Germany's economy minister, Robert Habeck, said the government is looking at ways of supporting Volkswagen as he acknowledge the company's importance to the country. "VW is of central importance ...