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Volkswagen says it needs to take drastic action to cut costs, including a 20% pay reduction and the closure of factories in Germany for the first time in its history.
FRANKFURT/BERLIN (Reuters) -Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as ...
The Volkswagen Golf (listen ⓘ) is a compact car/small family car produced by the German automotive manufacturer Volkswagen since 1974, marketed worldwide across eight generations, in various body configurations and under various nameplates – including as the Volkswagen Rabbit in the United States and Canada (Mk1 and Mk5), and as the Volkswagen Caribe [1] in Mexico (Mk1).
Volkswagen's employee representatives said Friday they have reached a wage deal that wards off management proposals for plant closings in Germany and bars involuntary layoffs through 2030. Union ...
Announced by Volkswagen of America on 30 August 2023, the Golf GTI 380 is a special edition model for the 2024 North American model year. It is a commemorative model celebrating the Golf GTI's final production year with a manual transmission in North America. Future model years will only offer Volkswagen’s DSG transmission. [21]
On 8 October 2015, Volkswagen US CEO Michael Horn said in testimony before the U.S. Congress [7] [8] [9] that it could take years to repair all the cars, especially the older models, due to the complex hardware and software changes that will be required. He also said that the fixes will likely preserve fuel economy ratings but, "there might be ...
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In 2002, Cavallo was elected to the Works Council of the then Volkswagen subsidiary Auto 5000. After the birth of her children, she interrupted her work between 2004 and 2008 as the first Works Council member at Volkswagen for maternal leave. [2] Cavallo has been a member of the Volkswagen General Works Council since 2013. [5]
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