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Bussiness

Volkswagen plans major layoffs, to shut at least three German plants, works council head says

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WOLFSBURG, Germany (Reuters) - Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of...
Bussiness

Volkswagen has still not presented future plan for brand, says works council boss

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FRANKFURT (Reuters) - Volkswagen has so far not presented a plan for how to make its namesake brand more competitive,...
Bussiness

German union slams ‘aggressive’ Tesla for firing works council rep

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BERLIN (Reuters) - German union IG Metall has accused management at US carmaker Tesla's plant near Berlin of "aggressive tactics" against workers trying to...
Bussiness

‘Darkest day’: Volkswagen’s trailblazing labour chief gears up for jobs battle

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By Christoph SteitzFRANKFURT (Reuters) - When labour unions step into the ring with Volkswagen executives on Wednesday to fight over job security and plant...
Bussiness

Volkswagen’s German battery plant to stay at half capacity amid cost pressures

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BERLIN (Reuters) - Volkswagen's PowerCo battery subsidiary will build just one of two planned production lines at its Salzgitter plant in Germany for now,...

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