In 2024, Germany's electric vehicle (EV) market has seen significant shifts among leading automakers. Volkswagen and BMW have ...

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

The spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...

Germany's coalition government has collapsed, a victim of the country's stagnant economy and infighting among the coalition ...

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

FRANKFURT/BERLIN - A political crisis at home threatens further pain for Germany's car, banking and energy industries, as ...

For its part, Volkswagen Group has around 300,000 employees in Germany of which the 87-year ... but it has never closed a plant in its homeland. The news was a wake-up call to the EU's biggest ...

Overall, the firm is planning to reduce its workforce by 15 per cent, while in Germany itself, the decision will impact 4,500 ...

Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German ...