For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers, according to details disclosed by company sources.

Volkswagen is facing a serious crisis in Europe, which has pressured the automaker to reduce costs and restructure its operations.

Chinese officials and automakers are eyeing German factories slated for closure and are particularly interested in Volkswagen's sites , a person with knowledge of Chinese government thinking told Reuters.

A new report claims Chinese carmakers are interested in buying Volkswagen's factories in Germany, but this could be only a pipe dream of a company in distress

Car giant VW to wind down production at 2 factories; China could buy factories for foothold in Germany. Read more at straitstimes.com.

The Czech Republic, also known as Czechia, has built its post-Cold War economy in the same way Germany did post-reunification: with a focus on industry. Manufacturing as a share of GDP has hovered above 20% in the country for the last 30 years, joining Germany in bucking the Western trend of deindustrialization.

However, state support for EVs has been patchy. Germany, Volkswagen's home market, abolished subsidies for electric cars at the end of 2023. Volkswagen is one of a number of European carmakers struggling in the face of fierce Chinese competition and the ...

BERLIN (Reuters) - For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers ...

For all its talk of radical change, Volkswagen’s cost-cutting deal in Germany relies heavily on the automaker’s tradition of cooperation between managers and workers, according to details ...

Almost 100 German business groups will organise demonstrations next week, warning that Europe's largest economy needs urgent reforms as it battles a protracted slump.

The Volkswagen Polo turns 50 this year, with more than 20 million units sold over its six-generation run; it is a true success story for the brand.

Germany’s economy faces its worst slowdown in years, with factories closing, jobs disappearing, and GDP stagnating. As the 2025 election approaches, can political leaders deliver real solutions to restore "Made in Germany"?