No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.

Credit: josefkubes/Shutterstock. Following intensive negotiations between Volkswagen AG, IG Metall (German labour union) and the Works Council, a joint agreement entitled ‘Zukunft Volkswagen ...

Volkswagen AG will cut 35,000 jobs in Germany by 2030, aiming to save €4 billion annually. Following wage talks with IG ...

Volkswagen Cost-cutting Deal: "The agreement is good news for Volkswagen," CEO Oliver Blume said in an interview with the ...

Despite making significant cost cuts, VW will not sell any of its German factories ...

Volkswagen on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and ...

Volkswagen strikes end with deal preventing compulsory redundancies and plant closures but company remains set on ...

Volkswagen and IG Metall have made a deal to save the automaker's plants in Germany. The potential for mass layoffs and ...

Crisis-hit auto giant Volkswagen said Friday it planned to axe 35,000 jobs by 2030 in Germany after reaching an agreement ...

Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to ...