Volkswagen is in deep crisis as thousands of workers at nine Volkswagen factories across Germany, including its EV-only factory, are going on strike this morning, bringing assembly lines to a grinding halt.

Volkswagen car and component plants across Germany started two-hour strikes on Monday, bringing assembly lines to a halt as labour and management clash over the future of Europe's biggest carmaker.

The labor union has promised "the toughest wage dispute Volkswagen has ever seen." VW has planned to close three plants amidst plunging profits.

Following widespread strikes by Volkswagen employees this week, a turbulent meeting over major cost-cutting plans was expected at the carmaker's German headquarters on Wednesday. Chief executive Oliver Blume was due to address workers at the plant in Wolfsburg,

Volkswagen has threatened to close plants in Germany for the first time in its 87-year history to reduce costs and boost profit.

Almost 100,000 workers joined walkouts at Volkswagen's German plants on Monday in protest at management plans to cut wages and even close sites at Europe's biggest carmaker, the IG Metall union said,

Workers at nine of Volkswagen's care and component factories in Germany were on strike Monday amid a dispute over labor contract changes and factory closings.

Tens of thousands of Volkswagen workers went on strike Monday in an escalating industrial dispute, with unions warning that the crisis-hit German auto giant is intent on making mass layoffs

A day-long wave of strikes at nearly all of carmaker Volkswagen's plants across Germany ended early on Tuesday morning, with unions saying that nearly 100,000 VW factory workers had taken part in the protests.