Volkswagen said earlier this month it needed significant restructuring to stay competitive, and was considering shutting ...

On Wednesday, the following statement for the establishment of the rank-and-file committee at Volkswagen was discussed and ...

German off-road camper van builder Terracamper has long kept things in-country, building its uncommonly capable campers on ...

Robert Habeck said that while automakers must take some of the blame for their current woes, he feels “an obligation to do ...

Mercedes-Benz Group cut its full-year guidance, citing a deteriorating economic backdrop and weakness in China, and became the latest carmaker to turn more cautious about its outlook.

German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting ...

German Economy Minister Robert Habeck has called on Volkswagen to refrain from factory closures. "The locations should be ...

"While some investors had been anticipating a profit warn from Mercedes Benz, we still view this news as a surprise, especially given the magnitude and lack of cautionary commentary ahead of [the] ...

For the first time ever, Volkswagen intends shuttering factories across Germany and tearing up labor contracts with its ...

In view of the crisis in the German automobile industry, Economy Minister Robert Habeck is inviting stakeholders to a "car ...

The cuts would hit hardest among the automaker's research and development activities in Germany where 4,000 to 6,000 jobs ...