Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...

Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s ...

Germany's car manufacturer and long-time economic powerhouse Volkswagen has shaped the lives and memories of generations of ...

The crisis around Volkswagen hits at the very heart of German engineering excellence. It's hard to be more German than ...

In early September, Volkswagen said challenging conditions in the automotive sector could necessitate plant closures within Germany and could mean withdrawing a longstanding job protection ...

T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...

The German economy, once described as Europe's growth engine, has underperformed euro zone peers since 2018 and faces further ...

Volkswagen says significant cost cuts are urgently needed as it reports a steep decline in third-quarter earnings and faces ...

The German company could close three plants in Germany. Until now everything pointed to the closure of two plants, one ...

Germany's automotive industry is facing an increasingly difficult outlook. Volkswagen may close factories in Germany for the first time, and BMW and Mercedes-Benz are struggling. Experts told BI that ...

Germany narrowly escaped a recession ... A sharp drop in profit at Volkswagen only intensified the bad news on economic growth. The troubles facing the German economy are captured by the crisis ...

The figures came two days after the head of Volkswagen's works council said management had informed employee representatives that it wants to close at least three plants in Germany. The company ...