Volkswagen said on Thursday it would reduce production capacity as part of a sweeping overhaul aimed at making the group leaner and more competitive in a rapidly changing global car market. However, uncertainty remains over the scale of potential job cuts and factory closures.

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

Emergono nuovi dettagli sul piano di ristrutturazione Volkswagen: quattro fabbriche tedesche potrebbero chiudere entro il 2034, con 50.000 posti di lavoro a rischio e investimenti…

Volkswagen plans to halve its model lineup amid job cuts and plant closures, facing tensions with labor representatives.