Volkswagen Group has put an estimated €16 billion cost on its sweeping restructuring programme, which includes plans to eliminate up to 100,000 jobs and reconsider the future of four German plants. Read More...
Volkswagen Group has reported lower profitability and vehicle sales for the first half of 2026 as weak demand in China and ongoing market pressures weighed on performance, although the company says it expects improved margins in the second half of the year. Read More...
Volkswagen Group is reportedly preparing its most extensive restructuring programme to date, with plans that could see up to 100,000 jobs cut worldwide over the coming years. Read More...
Volkswagen plans to eliminate around 50,000 jobs in Germany by 2030 as part of a wider restructuring programme, according to CEO Oliver Blume in the company’s 2025 shareholder letter. Read More...
Volkswagen Group’s Audi has reported the sale of more than 1.6 million vehicles worldwide in 2025, marking a decline of around 3% year-on-year, as geopolitical and economic pressures continued to weigh on the global automotive market. Read More...
Volkswagen Group’s Audi will cut up to 7,500 jobs in Germany by 2029 in areas such as administration and development, the premium carmaker said on March 17. Read More...
Volkswagen’s labour discussions with German plant workers over cost-cutting efforts could continue in 2025 if a deal is not reached soon. Read More...
Volkswagen factory workers are preparing to strike in Germany as the company proposes wage cuts to avoid plant closures. Read More...
Mike Redwood takes a look at the changing state of the global automotive industry and how leather fits into the picture Read More...
Volkswagen Group has reported its financial results for the first nine months of 2024, highlighting its difficulties. Read More...
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