The board of directors for Volkswagen AG met on July 9 to approve a new plan proposed by CEO Oliver Blume for the company's future.

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…

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.

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.

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

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

Volkswagen plans to drastically cut its model lineup and further pare back capacity as Europe’s largest automaker considers a far-reaching overhaul that sources say could cost…

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…

The update followed a high-stakes boardroom showdown with the group's supervisory board.

VW's plan calls for half as many models but didn't mention closures or job cuts.

The board of directors for Volkswagen AG met on July 9 to approve a new plan proposed by CEO Oliver Blume for the company's future.

Volkswagen will cut its model lineup by half and shrink capacity, but gave no word on the reported 100,000 job cuts and four German plant closures.

Volkswagen CEO Oliver Blume encounters resistance from labour unions and the supervisory board, as proposals for job cuts and plant closures fail to gain approval in Wolfsburg.

Volkswagen plans to drastically cut its model lineup and further pare back capacity, as Europe's largest automaker considers a far-reaching overhaul that sources say could cost…

Volkswagen may need to eliminate about 50,000 additional jobs to match the competitiveness of its rivals, its CEO told employees in an internal memo,...

Oliver Blume tells staff restructuring proposal includes ‘controversial decisions’ but he has broad support

Volkswagen AG CEO Oliver Blume outlined a plan to eliminate as many as 50,000 more jobs as he attempts a cost reduction overhaul. Read here