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The VW logo on a building with a dark, cloudy sky in the background
Image: Horst Galuschka/IMAGOImage: Horst Galuschka/IMAGO

Volkswagen's struggles

German carmaking giant Volkswagen has seen its profits fall, and has said it plans to close three plants in Germany. Though the company remains profitable, management has called for increased efficiency and cost cutting.

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News

October 30, 2024

Volkswagen and workers clash over layoffs as profits plummet

October 29, 2024

Germany metalworkers launch strikes over pay

October 28, 2024

VW intends to shut 3 German factories, works council says

Skip next section Reports & Analysis

Reports & Analysis

A view of VW's headquarter with a logo on the building in Wolfsburg, Germany

Why is Volkswagen so important for Germany?

Why is Volkswagen so important for Germany?

VW's long history isn't enough to help it out of crisis. It will need to reinvent what it does to make the jump to EVs.
BusinessNovember 5, 2024
German midfielder Jamal Musiala warms up with the ball at his feet in Groupama Stadium in Lyon, France

How the VW crisis threatens German football sponsorships

How the VW crisis threatens German football sponsorships

Volkswagen's slump in profits and labor crisis could lead the German automaker to reconsider its football sponsorships.
SoccerNovember 4, 2024
Porsche cars in front of a German company headquarter building

Are Germany's subsidized company cars hurting EV adoption?

Are Germany's subsidized company cars hurting EV adoption?

Germany spends billions of euros to subsidize company cars with combustion engines, slowing the electric mobility shift.
BusinessNovember 1, 2024
Multiple container ships are docked at Container Terminal Altenwerder at Hamburg Port

No recession, but little relief, for German economy

No recession, but little relief, for German economy

It seems like nothing but bad news these days for the German economy. Does new economic data offer some good news?
BusinessOctober 31, 2024
A VW employee presenting the company's ID.3 electric model

Can VW's bet on Brazil help as sales in Germany, China fall?

Can VW's bet on Brazil help as sales in Germany, China fall?

Volkswagen is facing a crisis in its key European and Asian markets, but business in Brazil is on the upswing — for now.
BusinessOctober 31, 2024
The entrance of the VW plant in Chemnitz showing a banner with a car, the outlines of people and a pulse curve.

How the VW crisis is a failure of Germany's car policy

How the VW crisis is a failure of Germany's car policy

Europe's biggest carmaker is in the midst of a severe sales and cost crisis. Is this actually just a sign of the times?
BusinessOctober 30, 2024
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Skip next section In the spotlight

In the spotlight

A picture showing the silhouette of the Volkswagen factory in the city of Wolfsburg, Germany.

Germany: Will city of Wolfsburg survive Volkswagen's crisis?

Many in Wolfsburg work for VW. As the car giant considers cuts, residents worry about the northern German city's fate.
BusinessOctober 20, 2024
A workers meeting at the VW headquarters in Wolfsburg with workers and management facing it off

Volkswagen's crisis: How can Europe's car industry survive?

While Europe's carmakers mull factory closures their Chinese rivals want to set up shop here. What's going wrong?
BusinessSeptember 23, 2024
An illustration showing the German flag and German car manufacturing moving toward China

What Volkswagen's woes say about Germany's economic future

Job cuts and plant closures at Germany's largest carmaker are a symptom of a wider malaise in Europe's largest economy.
TradeSeptember 11, 2024
The outside facade of the VW components plant in Chemnitz

VW's warning on plant closures in Germany causes outcry

VW is being criticized for a cost-cutting plan that for the first time includes plant closures in Germany.
BusinessSeptember 3, 2024
Passengers on a train platform waiting to board a train

Corporate values: Why do companies bother saying 'sorry'?

Saying "sorry" can be hard. For companies admitting mistakes can be a matter of survival. Sometimes customers want more.
BusinessAugust 5, 2024
A sign outside a Toyota dealership in Tokyo, Japan, on January 30, 2024

Is Japan's car-testing scandal the new Dieselgate?

Toyota, Mazda, Suzuki and Yamaha were found to have submitted incorrect or manipulated test data when certifying cars.
BusinessJune 9, 2024
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