VW is Germany’s largest employer and car making is the country’s flagship industry, accounting for 5% of gross domestic product, according to several estimates.

FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history, saying it otherwise won't meet the ...

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

Volkswagen's half-year results indicate it will not achieve its target for 10 billion euros ($11 billion) in cost savings by 2026, the company said. The discussion around closures and layoffs is ...

Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at cutting over $4.3 billion.. The announcement signals a significant shift ...

BERLIN — German carmaker Volkswagen plans to close plants in its home country for the first time in the company’s 87-year history, potentially leading to tens of thousands of layoffs, elected ...

Volkswagen has some 120,000 employees in Germany, where it has 10 plants — six of them in the northern state of Lower Saxony, including Wolfsburg. The IG Metall industrial union sharply ...

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

FRANKFURT, Germany — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history, saying it otherwise won't meet the cost ...

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

Volkswagen has 10 assembly and parts plants in Germany, where 120,000 of its 684,000 workers worldwide are based.As Europe’s largest carmaker, the company is a symbol of the country’s consumer ...