EXPLAINED: Daniela cavallo | Vintage Vibes

Volkswagen to cut up to 50,000 jobs amid growing Chinese competition

Volkswagen has been under unprecedented pressure to restructure the business model that underpinned its success for decades

The Independent UK · Sep 4

Volkswagen board approves cutting 50,000 more jobs and closing 4 plants

Volkswagen’s board has approved a major cost-cutting plan to address competition and tariffs

The Independent UK · Sep 3

Volkswagen labour leaders stand by 'red line' on plant closures

In a firm stand against potential factory closures in Germany, Volkswagen's labor representatives have voiced their commitment to preserving jobs. While they acknowledge the need for discussions about less active production sites, their position is grounded in a 2024 restructuring agreement.

The Economic Times · May 15

Volkswagen Workers Head Towards Strikes From December

Volkswagen workers in Germany took a step closer to strike action on Thursday, after unions and management met for the third round of talks over the ailing carmaker's drastic cost-cutting plans.

International Business Times · Nov 21, 2024

VW Employees Concede Big Wage Cuts Are Needed To Keep Factories Open

Volkswagen Group's crisis in Europe could result in several manufacturing plants shutting down, but VW's works council thinks that can be avoided. The employee-led group recently proposed a sweeping cut in wages across blue-collar and white-collar jobs. Works council leader Daniela Cavallo believes this would be enough to avoid mass…

Motor1 · Nov 20, 2024

The Sword Comes For Volkswagen

It's been a strange and unpredictable year for electric vehicle sales in America and, frankly, for new car sales in general. But if you want to assess the European market, replace the adjectives above with "apocalyptic." Intense competition from China, a weak economy, slowing EV demand as subsidies evaporate and…

InsideEVs · Oct 28, 2024

Volkswagen to shut three factories, axe jobs and cut pay by 10%, says union

German carmaker warns of stagnation in the European sector amid news of deeper-than-expected action

The Guardian - UK · Oct 28, 2024

Crisis-hit VW Mulls Closing At Least Three German Plants

Ailing auto giant Volkswagen plans to close at least three factories in Germany and slash tens of thousands of jobs as part of drastic cost-savings drive, workers' representatives said Monday, calling the proposed cuts "of historic dimensions".

International Business Times · Oct 28, 2024

As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worried

Volkswagen is considering closing some factories in its home country for the first time in the German automaker’s 87-year history

The Independent UK · Sep 8, 2024

An ‘earthquake’ at Volkswagen – and a crisis for Germany?

The company is seen as crucial not just to local but national wellbeing – and never before have its workers been threatened in their own homeland like this

The Guardian - UK · Sep 7, 2024