VW must solve most of its problems alone
German minister: VW must solve most of its problems alone
Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting sites in Germany for the first time in its 87-year history
Volkswagen must solve most of its problems alone, says German minister
Germany wants to support Volkswagen and help it avoid factory closures but the ailing car giant will have to fix most of its problems itself, Economy Minister Robert Habeck said Friday.
Germany considering ways to support VW, economy minister says
Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the threat of job cuts at the country's largest carmaker.
German economy minister calls on VW to not close factories
German Economy Minister Robert Habeck has called on Volkswagen to refrain from factory closures. "The locations should be preserved," he said during a visit to the VW plant in the north-western city of Emden.
German economy minister steps in to help Volkswagen as it faces factory closure risks
However, German Economy Minister Robert Habeck said there were limits to what his government could do to support Volkswagen, adding that the structure and viability of a business was down to company policy.
German economy minister offers help to Volkswagen to avoid site closures
EMDEN, Germany (Reuters) -German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through this period of cost-cutting without site closures. During a visit to the carmaker's factory in Emden,
Habeck says Germany's considering how to support Volkswagen
German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The firm has been grappling with weak electric vehicle sales.
VW's latest move might compromise the good graces of the UAW
Related: Volkswagen gears up for UAW labor contract battle "But here's what we know: Volkswagen's most important market is ...
AutoExpress20h
Future VW safety tech uncovered: from ‘soft bonnets’ to cars that pull over if you fall asleep
Imagine you’ve fallen asleep at the wheel, or worse: you’ve had a medical emergency leaving you incapacitated. In this ...
Automotive News17h
VW dealers get glimpse of future U.S. product
VW's U.S. sales rose 26 percent in the first half of 2024, the largest gain of any mass-market brand. VW dealers to get fresh ...
Volkswagen denies plans to cut 30,000 staff from its workforce
CEO Oliver Blume told employees that the company needed to end a three-decade-old job protection pledge that would have ...
Cupra Raval Is VW’s Answer To The Mini Cooper E
The Raval is based on the same MEB Short platform VW will use for its ID.2, and Skoda will also slide under its own small EV.
Volkswagen May Be Very Cheap For A Reason
Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
Automotive News19h
VW could cut up to 30,000 jobs in Germany, report says
The cuts would hit hardest among the automaker's research and development activities in Germany where 4,000 to 6,000 jobs ...
autoevolution5d
5 Fascinating High-Tech Concept Cars of the 1980s
Developed during the 1980s, these five exciting high-tech concept cars are still fascinating more than four decades later ...
VW To Exit US Financing Game, Partners With Wells Fargo Instead
Volkswagen announced on Monday that its US Financial Services arm (VWFS) would partner with Wells Fargo to provide financing ...
Automotive News3d
Volkswagen dropping in-house U.S. auto loans, giving business to Wells Fargo
Volkswagen will cease to write U.S. Audi and VW auto loans through its in-house captive finance company and instead refer ...