Germany's car manufacturer and long-time economic powerhouse Volkswagen has shaped the lives and memories of generations of ...

Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at cutting over $4.3 billion. The announcement signals a significant shift for ...

Volkswagen is bracing for a more intense restructuring plan than initially anticipated, which could result in tens of thousands of job cuts among its German workforce — marking one of the ...

It wasn't long ago that Volkswagen, the world's second largest automaker, had weathered the Dieselgate scandal and jumped into converting to electric vehicles with all four tires firmly planted on ...

BERLIN -- Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the ...

Ailing auto giant Volkswagen warned Wednesday that "painful" cost cuts were unavoidable as third-quarter profit plummeted, fuelling tensions with unions which fear mass job losses and factory ...

BERLIN -- Volkswagen has informed employee representatives that it wants to close at least three plants in Germany, the head of the company's works council said Monday. Employee council chief ...

Volkswagen has some 120,000 employees in Germany, where it has 10 plants -- six of them in the northern state of Lower Saxony, including Wolfsburg. A view of the Volkswagen plant in Zwickau ...

Volkswagen Says Cost Cuts Are Urgently Needed as Its Earnings Decline Sharply BERLIN (AP) — Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third ...