Volkswagen Faces Labour Unrest Amid Cost-Cutting Moves Business 2 December 2024 In a pivotal moment for Volkswagen, workers in Germany are set to strike against the company’s cost-reduction plans starting Monday.…
Volkswagen Workforce Set for Widespread Strikes in Germany Business 1 December 2024 Volkswagen, a major automotive player, is on the cusp of substantial industrial disruption, with a significant number of employees poised…
Volkswagen Divests Xinjiang Plant Amid Economic and Competitive Pressures Business 27 November 2024 Volkswagen has made a significant move by selling its Xinjiang plant in China. The decision, attributed to economic factors, highlights…
Thyssenkrupp Steel to Cut Workforce by 11,000 Amid Economic Challenges Business 27 November 2024 The announcement by Thyssenkrupp Steel to reduce its workforce has sent ripples through the industrial sector in Europe, particularly Germany.…
Volkswagen Workers Edge Closer to December Strikes Business 22 November 2024 Volkswagen’s workforce in Germany is on the brink of taking industrial action. This development follows inconclusive talks between unions and…
Volkswagen to Halt Production in German Plants, Major Job Cuts Expected Business 8 November 2024 Volkswagen, one of Germany’s leading car manufacturers, is facing significant operational changes as it plans to shutter three factories within…
Stellantis shares plunge as carmaker follows Volkswagen in profit warning Business 30 September 2024 Shares in Stellantis have taken a significant hit following the carmaker’s recent profit warning. The company’s revised forecasts have unnerved…
