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.

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…

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…

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