Volkswagen

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Volkswagen is undergoing significant restructuring amid financial and operational challenges, including plans to cut up to 100,000 jobs globally and potentially close four German factories by 2034. The company has been exploring structural changes such as separating its main brand and components division into independent entities, while also facing declining sales in China and increasing competition from Chinese automakers.

Recent coverage

• Taxi collided head-on with a Volkswagen at Gostelits; three people injured — Фонтанка
• Volkswagen Head Says He Wants to Avoid Closing Factories in Germany — Вести
• Volkswagen CEO intends to avoid factory closures during cost-cutting measures — Ведомости
• German authorities issue statement regarding issues at Volkswagen — Вести
• Quarterly deliveries for Volkswagen show record decline since 2022 — Коммерсантъ
• Volkswagen cuts global deliveries by 8.6% in Q2 due to demand slump in China — Интерфакс
• Volkswagen may close four plants and lay off 50,000 people in Germany — Вести
• Gasoline standards lowered again; Volkswagen prepares record cuts and 'Pyaterochka' loses Raffaello — The Bell
• Volkswagen plans to cut 100,000 jobs worldwide — Вести
• Volkswagen plans to lay off up to 100,000 employees and close four plants in Germany — Фонтанка
• Volkswagen to cut 50,000 employees by 2030 — Ведомости