For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers, according to details disclosed by company sources.
The European Union’s largest economy, Germany, is experiencing a deindustrialisation trend due to factors such as high energy costs, unhelpful government policies and investment shortfalls. The country’s fading industrial competitiveness isn’t likely to improve soon,
Volkswagen is prepared to let Chinese electric carmakers take over production lines in its struggling factories as Germany’s automotive industry is struck by a downturn.
The country is focused on exports, but China is slowing imports and U.S. tariff threats are growing. Politicians are offering few alternatives.
Electric vehicle sales in Europe will accelerate in 2025 mainly thanks to a German recovery, but EU mandated targets for 2030 look hopelessly optimistic.
The Czech Republic, also known as Czechia, has built its post-Cold War economy in the same way Germany did post-reunification: with a focus on industry. Manufacturing as a share of GDP has hovered above 20% in the country for the last 30 years, joining Germany in bucking the Western trend of deindustrialization.
Germany is under “attack” from China, a senior opposition MP has warned, as Berlin grapples with a fresh wave of cyber attacks and espionage plots...
Volkswagen is exploring the possibility of sharing its excess production lines in Europe with Chinese EV makers.
BERLIN (Reuters) - For all its talk of radical change, Volkswagen's cost-cutting deal in Germany relies heavily on the automaker's tradition of cooperation between managers and workers ...
Volkswagen has confirmed the start of discussions with its Chinese partners regarding potential investment in its German plants. VW Group CEO Oliver Blume told a conference in Berlin today that these were “conversations without any concrete decisions”, while signaling he welcomes foreign investment in Europe.
Volkswagen, the flagship of Germany’s automotive industry, has signaled its willingness to collaborate with Chinese electric vehicle