The Latest Breaking News from Thomas Schaefer

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 · Dec 2, 2024

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 · Dec 2, 2024

Volkswagen CEO: Plant Closures, Layoffs Can't Be Avoided

It looks like Volkswagen Group is headed for a historic closure of plants in Germany. VW Brand CEO Thomas Schaefer believes it will take three to four years for the company to restructure, and that can't happen without some significant cuts.

Motor1 · Nov 25, 2024

Scout Motors Electric Pickup And SUV Will Be Developed With Magna Steyr

Plus, VW to cut administrative staff costs by a fifth.

Motor1 · Dec 8, 2023

Volkswagen invested billions in EVs following Dieselgate scandal—now, its brand is ‘no longer competitive’

Volkswagen is looking to restructure costs with possible layoffs at the Germany automaker along with measures to improve efficiency and productivity.

Fortune · Nov 28, 2023

VW Weighs Staff Reductions As Electric Shift Stalls

German car giant Volkswagen on Monday said that it was considering staff reductions, possibly in the form of early retirement, to help it meet vital cost-cutting targets imposed in its sputtering transition to electromobility.

International Business Times · Nov 27, 2023

Volkswagen Has No Plans For New ICE Golf Beyond Current Model: CEO

Thomas Schaefer said Volkswagen will use the Golf name on a battery-electric vehicle arriving as early as 2028 with Scalable Systems Platform underpinnings.

InsideEVs · Apr 4, 2023

Volkswagen Group's Four Entry-Level EVs Will Be Made In Spain

VW brand CEO Thomas Schaefer confirmed the small EVs for the Cupra, Skoda, and Volkswagen brands will be made at the Martorell and Pamplona factories.

InsideEVs · Mar 23, 2023

Volkswagen To Preview New Electric Car On March 15, Is It The ID.2?

VW says the vehicle represents not just a specific preview of a new EV model, but also introduces the new design language for the brand's future models.

InsideEVs · Mar 10, 2023

Volkswagen ID.2 Test Mule Looks Weird With Shortened ID.3 Body

At first glance, this test mule looks just like a Volkswagen ID.3, but a closer look reveals a shorter wheelbase and much smaller rear doors.

InsideEVs · Feb 20, 2023