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German Economy Minister Aims to Support Volkswagen Amid Cost-Cutting Challenges
German Economy Minister Robert Habeck has expressed his intention to assist Volkswagen in navigating its cost-cutting phase without resorting to site closures. This comes amid negotiations with unions over wage agreements and potential plant shutdowns.
German economy minister offers help to Volkswagen to avoid site closures
EMDEN, Germany (Reuters) -German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through this period of cost-cutting without site closures. During a visit to the carmaker's factory in Emden,
Volkswagen must solve most of its problems alone, says German minister
Germany wants to support Volkswagen and help it avoid factory closures but the ailing car giant will have to fix most of its problems itself, Economy Minister Robert Habeck said Friday.
Habeck says Germany's considering how to support Volkswagen
German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The firm has been grappling with weak electric vehicle sales.
Germany considering ways to support VW, economy minister says
Germany's government is considering ways to support Volkswagen, German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the threat of job cuts at the country's largest carmaker.
21h
on MSN
Volkswagen's audit of Xinjiang plant failed to meet international standard, FT reports
An audit commissioned by Volkswagen into its jointly owned site in Xinjiang, China, failed to meet key aspects of the ...
5h
Volkswagen Continues To Face Challenges In China, Rated Hold
Volkswagen is struggling to compete in China's growing NEV market, with partnerships in place for potential software ...
1d
‘I will be out of this Volkswagen Atlas.’
Her goal is to process a buyback as she experienced the transmission cut-out issue numerous times. The only problem was ...
1d
Recall forces Volkswagen to temporarily halt ID.4 production, furlough employees at Tennessee plant
Volkswagen announced it will temporarily suspend production of the ID.4 at its Chattanooga plant following a nationwide ...
1d
Volkswagen plans stop to production at jointly-owned China plant
Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge ...
2d
on MSN
Volkswagen recalls vehicles for doors opening unexpectedly while driving
The National Highway Traffic Safety Administration announced that Volkswagen is recalling nearly 99,000 electric crossover ...
18h
on MSN
Volkswagen ID.4 production halted in the US after its doors wouldn’t stay closed
The issue culminated this week with VW halting production of the all-electric ID.4 at its factory in Chattanooga, Tenn., as ...
4d
Volkswagen may book up to $4.4 billion in provisions on capacity cuts, Jefferies says
Volkswagen may book up to 4 billion euros ($4.4 billion) in provisions for planned capacity cuts as early as the fourth ...
4h
Volkswagen May Be Very Cheap For A Reason
Volkswagen faces financial challenges amidst market share loss, high costs, and supply chain disruptions. Learn why VWAGY ...
The Local
5h
Volkswagen: Are 30,000 jobs at risk of being cut in Germany?
According to a media report, Germany's troubled carmaker Volkswagen could cut tens of thousands of jobs as part of savings ...
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