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

Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s ...

Germany's ruling coalition collapses amid economic challenges, raising questions about the country's future growth and ...

T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...

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

Germany's automotive industry is facing an increasingly difficult outlook. Volkswagen may close factories in Germany for the first time, and BMW and Mercedes-Benz are struggling. Experts told BI ...

Germany narrowly escaped a recession ... A sharp drop in profit at Volkswagen only intensified the bad news on economic growth. The troubles facing the German economy are captured by the crisis ...

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 ...

Germany's automotive industry is facing an increasingly difficult outlook. Volkswagen may close factories in Germany for the first time, and BMW and Mercedes-Benz are struggling. Experts told BI that ...

In early September, Volkswagen said challenging conditions in the automotive sector could necessitate plant closures within Germany and could mean withdrawing a longstanding job protection ...

Volkswagen wants to achieve the majority of its billion-euro savings drive through pay cuts, Handelsblatt reported on Tuesday ...