The Thompsontown closure is another in a string of plant closures and layoffs throughout Pennsylvania and more broadly.
The slump in profits at Volkswagen could also lead to a reconsideration of its sponsorship of football. VW is an important ...
Volkswagen AG laid out cost-savings proposals to workers that would shore up its financial position while potentially ...
Volkswagen is to close three factories in Europe and cut thousands of jobs as its union leader delivers a stark warning to the national government – take ...
Volkswagen’s preferred shares rose 0.7% as of 11:50 a.m. in Frankfurt trading, with some analysts describing the results as better than feared following two profit warnings in the span of three months ...
Volkswagen (VW) said Wednesday that it needs to cut costs amid slackening consumer demand for electric vehicles (EVs) and ...
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.
Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut and revised bonus system. The measures aim to strengthen the VW brand.
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of ...
Year-to-date, Volkswagen's stock has lost about a fifth, underperforming a drop of 10% in the pan-European automotive index.
Unions threaten strikes at Volkswagen if the automaker doesn't rule out plant closures in its restructuring. With job cuts ...