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Volkswagen Boss Hails Cost-cutting Deal
Volkswagen shares fall as market struggles to digest unions deal
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely headwinds in 2025.
Volkswagen Boss Hails Cost-cutting Deal But Shares Fall
Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to close factories, but the car giant's shares fell heavily on Monday.
Volkswagen reaches deal with union after grueling talks
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last gasp deal between Europe’s top carmaker and unions on Friday to avert mass strikes.
Volkswagen’s Union Problem Nowhere Near Deal as Talks Remain Deadlocked
Volkswagen AG’s management and labor leaders remain far from a deal as the two sides hunkered down for a second day of negotiations over proposed layoffs and factory closures, people familiar with the matter said.
Volkswagen Aims to Reduce Workforce by 35,000 in Deal With Union
The auto giant strikes an agreement to cut billions of dollars in costs while avoiding factory closures.
What's in Volkswagen's deal with the unions in Germany?
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. The agreement followed more than 70 hours of talks and averted the spectre of strikes at Europe's largest carmaker.
DPA International on MSN
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Former Volkswagen CEO accuses judge of bias in Dieselgate case
Former Volkswagen Group chief executive Martin Winterkorn has accused the judge leading a criminal trial into the 77-year-old ...
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on MSN
Volkswagen wage deal for 120,000 German workers avoids layoffs, plant closures
Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids ...
TopSpeed on MSN
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Volkswagen Quietly Kills Off Its Legendary VR6 Engine
The death of the VR6 is not surprising. It's an unfortunate result of the environmentally conscious times we live in, all in ...
Bloomberg L.P.
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Volkswagen’s Conflict With Labor Risks Dragging On Next Year
Volkswagen
AG’s stalemate with labor leaders looks increasingly likely to drag into 2025, denying Chief Executive Officer ...
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on MSN
Tested: 2025 Volkswagen Taos
The smallest Volkswagen SUV is surprisingly spacious and refined for a compact.
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on MSN
Volkswagen shares fall as markets struggles to digest unions deal
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting ...
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Nissan and Honda announce merger plans to take on Toyota and Volkswagen
A potential merger of Honda and Nissan, and its alliance partners Mitsubishi and Renault SA, could create a new manufacturer ...
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Volkswagen ID.Buzz Winter Road Trip: ‘A Total Train Wreck’
The Volkswagen ID.Buzz has a maximum EPA-rated range of 234 miles in the United States. But range is just one part of the ...
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