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The Latest Breaking News from Daniela Cavallo

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

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

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

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Nearly 20,000 Volkswagen workers take voluntary redundancy while others could work a 4-day week amid overhaul

Some 20,000 Volkswagen workers had so far accepted redundancy offers, out of a total of 35,000 due to be shed by 2030.

Fortune

The Once-Dominant Volkswagen Golf Is Quietly Fading

Since the first Golf rolled off the assembly line in late March 1974, Volkswagen has built more than 37 million units. It’s by far the company’s most popular car ever, comfortably surpassing the Beetle (21.5 million) and the Polo (20 million). But the once-dominant Golf may be past its prime.…

Motor1

Volkswagen workers stage mass protest across Germany

Volkswagen employee representatives say workers should not bear the brunt of management’s failure to produce appealing products

The Independent UK

Volkswagen workers hold 2-hour strikes to push back against proposed pay cuts and plant closures

Volkswagen workers have launched rolling two-hour strikes at nine plants across Germany to underscore their resistance to pay cuts and factory closures

The Independent UK

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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

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

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

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

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

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

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

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InsideEVs

Volkswagen Chief Warns Brand Has 'One, Maybe Two' Years To Get It Together

Today on Critical Materials: VW puts a clock on getting their ship in order, BYD pauses its Mexico plans and Ultium workers in Tennessee join the UAW.

Fortune

Volkswagen CEO Oliver Blume will spar with one of Germany's fiercest worker groups over his €10 billion cost-cutting plan to save the carmaker

Volkswagen is a unique case—half the seats in its supervisory board are controlled by labor representatives, who can determine the company’s future course.

Fortune

Volkswagen in trouble? Carmaker considers first ever German factory closure

Volkswagen CEO Oliver Bloom decried the German manufacturing industry as his company said it was considering plant closures.

International Business Times

Volkswagen Weighing Plant Closures, Job Cuts In Germany

German automotive giant warned it could take the unprecedented move of shutting down production sites, and threatened further job cuts as its savings plans stalled

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Financial Times

‘Ruffling feathers’: How Volkswagen fell out of love with Herbert Diess

World’s second-largest carmaker sacked chief executive on Friday after bruising four-year tenure

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