The restructuring would further scale back production, reduce model complexity and consolidate R&D as the automaker seeks to improve margins and resilience

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

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…

La compañía acelera su plan de reestructuración para centrarse en segmentos de mercado de mayor rentabilidad

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.

De plannen zouden geleidelijk uitgevoerd moeten worden en moeten helpen bij het verlagen van de kosten.

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 gaat drastisch snijden in zijn modellenaanbod en productiecapaciteit. Het aanbod van de hele Volkswagen Groep met merken als Audi, Skoda, SEAT en Porsche moet…

Volkswagen gaat drastisch snijden in zijn modellenaanbod en productiecapaciteit. Het aanbod van de hele Volkswagen Groep met merken als Audi, Skoda, SEAT en Porsche moet…

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.

El directorio ejecutivo del grupo alemán presentó un “plan de futuro” con 12 iniciativas y una meta a 2030. La reducción de modelos y el recorte de sobrecapacidad instalada son…

Il consiglio di amministrazione di Volkswagen ha presentato il suo nuovo piano di ristrutturazione del gruppo che passa da un radicale ridimensionamento sia in termini di gamma di…

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.

The restructuring would further scale back production, reduce model complexity and consolidate R&D as the automaker seeks to improve margins and resilience