Board meeting opens battle over factory closures and sweeping workforce reductions

Volkswagen CEO Oliver Blume faces perhaps the biggest test of his leadership this week: persuading the German carmaker’s supervisory board to accept painful job cuts and factory…

Volkswagen Group’s comprehensive cost-cutting package to combat Chinese manufacturers’ expansion is pending approval from its Supervisory Board as the...

Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants and significant job cuts. The company…