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Volkswagen has defused a power struggle regarding measures required to accelerate its expansion in electric vehicles, lifting its shares by 5% on Tuesday as investors welcomed CEO Herbert Diess getting
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Volkswagen sees no need for a four-day week at its factories to secure jobs despite an increasing shift to electric cars that are easier to build and require fewer employees,
Volkswagen’s labor chief Bernd Osterloh has been telling analysts and investors the automaker has no need for deeper cost cuts in Germany. Existing cost decreasing measures, agreed in 2016, will
Volkswagen’s brand Skoda stated it might outsource some production to a contract manufacturer as the division seeks to reply to increasing demand. Currently grappling with stretched capacity at its Czech
Volkswagen and its unions on Wednesday rebuffed allegations that the automaker’s top labor representative has been paid too much, looking to calm the waves a day after prosecutors and tax
Volkswagen stated it had followed the law in the payment of its works council chief, Bernd Osterloh, whose workplace was raided on Tuesday along with those of its chairman, finance
Volkswagen has rowed back on some needs for bigger cost cuts than formerly agreed with unions at its core Volkswagen brand, the works council stated on Tuesday, as both sides
Volkswagen works council has alleged top executives of violating a cost-cutting deal, risking the fresh problem at the German automaker as it continues to have hard time due to the
Volkswagen shall cut up to 2,500 jobs annually over 10 years by moving employees into early retirement, Handelsblatt reported, pointing out Bernd Osterloh, chief of the automaker’s influential works council.
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