Volkswagen faces 16 billion euro restructuring bill, weighs defence future for German plants
Volkswagen has signed a deal with Israel's Aurelius Capital and Lower Saxony, in which the Osnabrueck plant will be repurposed for defence production...
Tag : Lower Saxony
Volkswagen CEO doubles down on job cuts, weighs ‘intelligent’ plant overhaul
Oliver Blume-led Volkswagen is facing headwinds like tariff costs, stiff Chinese competition, and pressure on its manufacturing networks...
Lower Saxony would be hit hardest by combustion engine ban
ifo Institute estimates 16% of manufacturing jobs in Lower Saxony depend on the production of engines and components...