The company estimates that the cost of implementing the plan will amount to some €16 billion.

The government says it is confident Seat will continue after Volkswagen kept several options open for the brand beyond 2030, ...

Israeli investor Aurelius Capital and the German state of Lower Saxony are planning to take over one of Volkswagen's German ...

The beleaguered auto giant reached a deal with unions to cut tens of thousands of jobs and slash production. Is it enough to ...

VW wants to improve profit margins, and a lineup that goes heavier on off-roaders and body-on-frame vehicles could be the ...

By Christoph Steitz and Christina Amann FRANKFURT/BERLIN, Sept 4 (Reuters) - Shares in Volkswagen rose 6% after the supervisory board of Europe's largest automaker late on Thursday struck a major ...

The Volkswagen Group has revealed a 'transformation program' that includes layoffs, potential factory closures and brand ...

BERLIN, Sept 3 (Reuters) - Volkswagen AG's supervisory board agreed to a comprehensive restructuring plan dubbed "Future Plan ...

Volkswagen is in trouble, and its very survival is now in question. The great German automaker is in peril largely due to the ...

Volkswagen’s board has approved a major cost-cutting plan to address competition and tariffs. The plan, presented by CEO ...