Business
Volkswagen talks over future of plants and jobs at a 'stalemate'
Workers at the car giant have been taking industrial action following VW's revelations about the possibility of closing German plants and axing thousands of jobs. Volkswagen is struggling with falling sales in Europe, high labour costs and excess capacity.
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Business
Volkswagen workers worry about future as they stage warning strikes
Thousands of workers at Volkswagen's headquarters in Wolfsburg launched warning strikes on Monday, with the works council accusing shareholders of prioritising billions in profits while workers face job insecurity and potential layoffs.
Business
Volkswagen's earnings disappoint as shares plunge to 24-year low
Volkswagen’s third-quarter earnings missed expectations, pushing shares to a 24-year low. Europe’s biggest automaker faces rising costs, restructuring expenses, and slowing demand, particularly in China. Challenges in the EV market and regulatory pressures are straining profitability.
Economy
End of economic crisis? DAX rises as German business sentiment surges
The DAX index rose during the end of the week as improved German business sentiment and positive private sector data rescued investor confidence. The Ifo Business Climate Index increased for the first time in six months, offering a light at the end of the tunnel.
