Volkswagen approves Oliver Blume’s plan for 50,000 more job cuts, US expansion
Volkswagen's restructuring plan also explores alternatives for four German plants that will eventually run out of models during the next decade...
Tag : Volkswagen
Oliver Blume vs workers: Stormy board meeting awaits Volkswagen CEO
Radical measures like doubling the job cuts, closing factories and divesting parts of the business have ruffled the feathers of the labour unions...
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...
IF Insights: Volkswagen Law returns, putting CEO Oliver Blume to fresh test
Blume's organizational shake-up plan faces strong opposition from workers' unions and key shareholders, with the latter having the power to block it...
Volkswagen overhaul: CEO Oliver Blume may face union test again
The proposed closures at Hanover, Zwickau, and Emden, along with Audi’s Neckarsulm site, would put over 45,000 jobs at risk, on top of 50,000 cuts announced in 2024...
Beijing Auto Show: Europe collaborates, US frets
Beijing Auto Show highlights the collaboration between European and Chinese companies while US companies insist on protectionism...
Skoda retreats as Chinese EVs dominate
Volkswagen will continue to sell Skoda models in the Chinese market in collaboration with a regional partner until mid-2026...
South Africa’s used car market heats up
Double-digit increase in sales in January 2026 gave indications of a sustained demand for second-hand cars in South Africa...
Toyota, Ford lead South Africa’s booming used car sales: AutoTrader data
The Suzuki Swift moved ahead of the Toyota Fortuner in overall rankings, with 794 units sold and year-on-year growth of nearly 25%...
Wage wars: The battle for more money
While companies may offer pay increases, as seen with Boeing's offer of a 25% wage hike and a USD 3,000 signing bonus, workers are increasingly rejecting these deals...