GERMAN Economy Minister Robert Habeck floated the idea of additional support for the country’s carmakers, and will discuss ...

Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...

German Economy Minister Robert Habeck floated the idea of additional support for the country’s carmakers and will discuss ...

German Economy Minister Robert Habeck has called on Volkswagen to refrain from factory closures. "The locations should be ...

That was quick: barely 24 hours after rumours emerged that Nio could take over the Audi factory in Brussels, the Chinese ...

The STOXX 600 Autos and Parts index is among this year's worst performers. Analysts predict a 13.6% earnings drop in 2024, a reversal from the years immediately after the pandemic, when supply chain s ...

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 ...

Volkswagen's Chief Financial Officer Arno Antlitz could significantly reduce the Group's investments. For example, he may ...

Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...

CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have ...

German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through this period of cost-cutting without site closures.

Germany's government is exploring ways to support Volkswagen amid potential job cuts. The carmaker plans to reduce costs due ...