When the UK voted for Brexit in 2016, Germany was still regarded as the economic power on the continent. Angela Merkel was ...

The giant auto producer like all its major competitors has seized on the transition to EV production to cut jobs and labour costs at the expense of its global workforce, including slashing thousands ...

ShareVolkswagen, the German automotive giant, has surprised the world with a decision that shakes both the industry and thousands of families: closing several plants and drastically reducing its ...

Michelin will close two manufacturing plants in France, a decision that the tire maker called "unavoidable" and will impact 1,254 employees.

Michelin is planning to shut two plants in France over the coming 15-18 months, due to the “profound transformation” of ...

Schaeffler AG will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen AG and other German ...

Tesla has raised the wages of all employees at its German gigafactory outside Berlin by 4% since the start of November, the U ...

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

Volkswagen plans to close its first-ever German plant amid declining profits, risking tens of thousands of jobs and prompting ...

EV leaders are facing roadblocks heading into the final quarter of 2024.

Deutsche Welle writes that when Europe's largest car manufacturer weakens, it can pose a problem for many suppliers and, ...

Anger and concern among Volkswagen workers rise as potential layoffs and plant closures threaten their livelihoods.