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auto giant

  • Volkswagen’s China crunch deepens as Europe’s biggest carmaker weighs 100,000 job cuts

    Transport & Infrastructure

    Volkswagen is weighing up to 100,000 job cuts as Europe’s biggest carmaker accelerates a sweeping overhaul after admitting the manufacturing model that underpinned decades of German industrial success can no longer compete in a market reshaped by Chinese rivals. The German automotive giant is reportedly considering almost doubling previously announced workforce reductions while shutting four [...]

    Volkswagen is suffering from high costs, fierce Asian competition and a prolonged bitter conflict with unions over plant closures.
  • Can Volkswagen really pivot to defence?

    Tech

    Can Volkswagen really pivot into defence? Saskia Koopman examines whether one of Europe’s great industrial names can reinvent itself for an era of rearmament. For most of its eight-decade history, Volkswagen has stood as a symbol of Europe’s industrial might – churning cars out at scale and underpinning entire regional economies. But at the company’s [...]

    Volkswagen is suffering from high costs, fierce Asian competition and a prolonged bitter conflict with unions over plant closures.

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