Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a far-reaching...

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

Groups that control VW, Europe’s largest carmaker, meet on Thursday to discuss plans to slash tens of thousands more jobs and close factories

German auto giant Volkswagen's management meets Thursday to discuss plans for what could be the biggest ever restructuring in the global auto industry, with unions set to protest…

Volkswagen faces nationwide protests in Germany as its supervisory board reviews plans to cut 100,000 jobs and shut down factories, sparking widespread employee unrest.

Chief Executive Oliver Blume is considering cutting 100,000 jobs worldwide, around 16% of Volkswagen's global workforce, and closing three Volkswagen plants in Germany as well as…

Board meeting opens battle over factory closures and sweeping workforce reductions

The Volkswagen Group plans to reduce the model lineup by as much as 50 percent. The number of options will decrease by up to 75 percent.

Volkswagen announced plans on Thursday to drastically pare back its model lineup and further reduce production capacity

Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a far-reaching...

The German automaker has struggled to compete with fast-growing Chinese companies that offer more affordable electric cars.

Sources have said VW considering closing four German plants and cutting up to 100,000 jobs. Read more at straitstimes.com. Read more at straitstimes.com.