Volkswagen’s internal struggles are intensifying as the board rejects CEO Oliver Blume’s plan for 100,000 job cuts. Facing geopolitical pressure and stiff Chinese competition, the company...
On Thursday, thousands of Volkswagen employees protested against the automaker’s severe cost-cutting measures, coinciding with the start of significant negotiations between management and unions. About 6,000...
Porsche wants to save billions in the coming years after a slower-than-expected switch to electric cars and continued weakness in the Chinese market. One of the...