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Volkswagen struggles with German cuts Volkswagen is seeking to trim costs in its domestic market, which contains by far the group’s biggest employee base, numbering nearly 300,000 at the end of ...
Volkswagen plans to close at least three factories in Germany, ... the automaker is selling 500,000 fewer cars in Europe a year compared with pre-pandemic levels, the equivalent of around two car ...
About 21.7 million new vehicles were sold in China last year, per the China Passenger Car Association figures, compared with about 15.6 million in the US and 10.5 million in Europe.
Volkswagen (VW; German pronunciation: [ˈfɔlksˌvaːɡn̩] ⓘ) [Note 1] is a German automobile manufacturer based in Wolfsburg, Lower Saxony, Germany. Established in 1937 by the German Labour Front under the Nazi Party , it was revitalized into the global brand it is today after World War II by British Army officer Ivan Hirst .
Volkswagen workers have begun mass strikes across Germany as the company threatens to cut pay and close factories to combat a slack European car market.. The strikes come amid a spate of warnings ...
Volkswagen Group has previously introduced an alphanumeric nomenclature for car platforms. The platform code is composed as follows: A letter, P, indicating a passenger car platform; A letter indicating the configuration of the engine: Q indicates a transverse engine (Quer in German) L indicates a longitudinal engine (Längs in German)
Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.
The German Volkswagen Group is the largest automaker in the world as of 2015. [1] As of 2019 [ref] , it has 136 production plants, and employs around 670,000 people around the world who produce a daily output of over 26,600 motor vehicles and related major components, for sale in over 150 countries.
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