It would also be the first time the company had shuttered any of its ... Thomas Schaefer, the CEO of the Volkswagen Passenger Cars division, said efforts to reduce costs were "yielding results ...

As Volkswagen Weighs Its First Closure of a German Auto Plant, Workers Aren't the Only Ones Worried FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country ...

Its Germanness is an important selling point, but the company is equally ... biggest brand in the 12-brand Volkswagen Group -- sold 4.80 million passenger cars worldwide, 1.4% less than in 2023 ...

Thomas Schaefer, the CEO of the Volkswagen Passenger Cars division ... competition from inexpensive Chinese electric cars. The company's half-year results indicate it will not achieve its target ...

In line with expectations, no-moat Volkswagen’s agreement with labor will not result in factory closures in the company’s attempt to improve the competitiveness of the Volkswagen passenger ...

Volkswagen AG, Europe’s largest car manufacturer, is weighing plans to establish a car assembly operation in Egypt as part of a broader ...

"At the crossroads of Europe and Asia, Uzbekistan is a place we can serve effectively and efficiently through Volkswagen China. The proximity of our Chinese technology and manufacturing base will ...