Volkswagen Related Topics

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" alt="Volkswagen plans to close 3 German plants — work council" width="2560" height="1706" data-lazy-srcset="https://business.inquirer.net/files/2024/10/Volkswagen-employees-scaled.jpg 2560w, https://business.inquirer.net/files/2024/10/Volksw

(FILES) The logo of German carmaker Volkswagen (VW) is pictured on the main plant of the group in Wolfsburg, northern Germany, on March 22, 2022. German automotive giant Volkswagen said on September 2, 2024 it could close production sites in Germany

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No industry is more important to the German economy than automobiles. And no carmaker is more important than Volkswagen. Now, as the 87-year-old automaker is floating the prospect of job cuts and factory closures as it seeks to return to profitabili