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Volkswagen

Business

Over 2.8 million Audi and Volkswagen vehicles face recall worldwide

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Economy

Volkswagen to cut 100,000 jobs in biggest ever industry shake-up

German car giant Volkswagen said that management and unions had agreed to cut a further 50,000 jobs by the end of the decade, bringing total job losses to 100,000.

Business

Volkswagen workers condemn ‘disastrous’ communication over job cuts

Employees have criticised Volkswagen’s management as the German carmaker considers further job cuts and the future of several plants.

Business

Volkswagen investors back rapid overhaul to improve competitiveness

As Volkswagen continues to deal with tariff impact and rising competition from Chinese carmakers, taking drastic cost-cutting and strategy steps have become all the more crucial to maintain its market position.

Business

BMW plans to cut around 8,000 jobs in major cost-saving drive

The German carmaker has agreed a voluntary redundancy programme targeting administrative and development roles, while ruling out compulsory redundancies and cuts to production jobs, according to media reports.

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Business

The challenges companies face to launch robotaxis in Europe

European carmakers like BMW, Volkswagen and Mercedes-Benz have continued to struggle significantly to roll out commercial robotaxi fleets, unlike Chinese companies, but why?

Business

Volkswagen’s Chinese branch doubles down on self-driving technology

Amid rising competition in the self-driving technology market, especially in China, Europe’s biggest auto company plans to make some big moves to catch up.

Europe News

VW Osnabrück plant: Is the Iron Dome missile deal collapsing?

Vehicle production at VW in Osnabrück is scheduled to end in 2027, meaning around 2,300 jobs depend on a follow-up solution.

Business

Volkswagen lacks backing for overhaul plan with up to 100,000 job cuts

Volkswagen's proposed restructuring plan failed to win backing from the labour bloc on the company's supervisory board on Thursday, leaving uncertainty over additional job cuts and factory closures. The carmaker nevertheless laid out plans to reduce production capacity and simplify its model range.

Business

Volkswagen risks 'major conflict' with staff over cost-cutting drive

Chief Executive Oliver Blume is considering cutting 100,000 jobs worldwide, around 16% of Volkswagen's global workforce, and closing three Volkswagen plants in Germany as well as one Audi factory,

Business

Volkswagen weighs 100,000 job cuts in battle for survival

German auto giant Volkswagen's management meets Thursday to discuss plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest any mass job cuts.

Europe News

Porsche plans Cayenne return to Leipzig as staff face pay cuts

The Cayenne is set to return to Germany. But the planned move of production to Leipzig apparently comes at a high price, with staff expected to give up part of their pay.

Business

Crisis deepens: VW reportedly planning to cut up to 100,000 jobs

Volkswagen is reportedly preparing what could become the most radical overhaul in its history. Up to 100,000 jobs could be cut worldwide, while four German plants could close.

Business

Volkswagen profit drops as carmaker signals further cost cuts

Volkswagen warned its future is at risk as profits fell sharply and it signalled deeper cost cuts. The carmaker is battling weak demand in China, rising competition, tariffs and pressure to simplify its complex structure.

Business

Cars to defence: Will Volkswagen make parts for Israel's Iron Dome?

Volkswagen is reportedly in talks with Israeli defence company Rafael Advanced Defense Systems about potentially converting VW's Osnabrück plant, currently threatened with closure, to producing defence-adjacent parts.

Business

Volkswagen axes 50,000 jobs after profits collapse by nearly half

Volkswagen Group profits slumped by almost half in 2025. Trade conflicts, difficulties in China and the change in strategy at Porsche are putting Europe's largest car manufacturer under pressure.

Business

Volkswagen's €3bn gamble: Can it win back market share in China?

VW is developing cars tailored to Chinese drivers — vehicles that will likely never be seen on European roads, though they may make their way to markets in the Middle East and Southeast Asia.