Volkswagen is ending job protections for auto workers in Germany as part of its cost-cutting push, setting up a showdown with unions.
September 10, 2024volkswagen News Updates
VW Scraps German Jobs Guarantee to Cut Costs
Volkswagen Could Cancel a No-Layoffs Pledge
FRANKFURT, Germany — Volkswagen says auto industry headwinds mean it can’t rule out plant closings in its home country and must drop a pledge that would have barred layoffs through 2029.
September 3, 2024German Agency OKs Volkswagen’s Plans to Buy Rivian Stake
BERLIN — The German Federal Cartel Office has approved plans by carmaker Volkswagen to buy a stake in U.S. electric car manufacturer Rivian, it said July 29.
July 29, 2024Rivian to Form EV Venture With $5 Billion From Volkswagen
Volkswagen will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive, throwing a lifeline to the startup and giving VW access to Rivian's technology.
June 25, 2024VW Brand to Beef Up Hybrid Offerings as EV Shift Stumbles
Volkswagen AG’s namesake brand plans to bolster its offering of plug-in hybrid cars in response to a slowdown in demand for fully electric vehicles.
May 8, 2024VW to Test Driverless ID Buzz Van With Passengers on Board
HANOVER, Germany — Volkswagen Commercial Vehicles is to test its self-driving ID Buzz AD electric van for the first time under realistic conditions and with passengers on board.
March 22, 2024Court Rejects VW’s Plan to Fix Engines With Software Update
Volkswagen AG lost another lawsuit in a German court over its software fix for engines in the wake of the diesel scandal that tarnished the reputation of Europe’s biggest carmaker.
January 17, 2024Volkswagen Tells Workers to Brace for Job Cuts
Volkswagen AG signaled it’s willing to push for job cuts at its namesake brand to reduce expenses and improve profitability.
November 27, 2023Canada Matches US Subsidies to Win VW EV Battery Plant
Canada agreed to subsidies that may top C$13 billion ($9.7 billion) over a decade to land an electric vehicle battery plant by Volkswagen AG, the company’s first gigafactory outside Europe.
April 20, 2023Volkswagen Misses Full-Year Cash Target After Supply Chain Woes
Volkswagen AG missed its cash-flow target for the year after supply chain and logistics disruptions in recent months left the carmaker with unsold vehicles.
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