International Finance

Tag : Volkswagen Restructuring

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Volkswagen posts 5.9 billion euro Q3 loss as China tech push expands

International Finance Business Desk
Apart from the 5.9 billion euro (USD 6.59 billion) Q3 operational loss, Volkswagen also saw its sales revenue falling more sharply than expected...
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Volkswagen to go aggressive on restructuring, to cull Spanish marque Seat

International Finance Business Desk
Thomas Schaefer, Volkswagen's brand head, made the declaration amid workers' protests that started after the automaker issued a profit warning...
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Volkswagen faces 16 billion euro restructuring bill, weighs defence future for German plants

International Finance Business Desk
Volkswagen has signed a deal with Israel's Aurelius Capital and Lower Saxony, in which the Osnabrueck plant will be repurposed for defence production...