cost reductions News

Volkswagen Considers Further Cost Reductions Amid Growth and Competitiveness Concerns

Volkswagen Group is considering additional cost-saving measures beyond the 2024 headcount reductions to ensure growth and competitiveness. The company has also revised its profitab...

Volkswagen Faces Stalemate in Crucial Labor Talks with Union

Volkswagen's labor negotiations with workers have hit a standstill, with differing priorities on cost reductions and job security. The union seeks a pre-Christmas resolution that b...