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The deal includes "socially responsible" job cuts of over 35,000 German factory workers by 2030. VW's New Union Deal Prevents German Factories from Closing Skip to main content
WOLFSBURG, Germany (Reuters) -Volkswagen plans to shut at least three factories in Germany, lay off tens of thousands of staff and shrink its remaining plants in Europe's biggest economy as it ...
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.
Volkswagen has 10 assembly and parts plants in Germany, where 120,000 of its 684,000 workers worldwide are based. As Europe’s largest carmaker, the company is a symbol of the country’s consumer prosperity and economic growth after World War II. It has never closed a German factory before.
German automotive giant Volkswagen is bracing for a showdown with trade unions shortly after it said it cannot rule out shutting factories in its home country for the first time in its nearly 90 ...
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.
Volkswagenwerk GmbH (Volkswagen Factory GmbH) was established in Wolfsburg, Germany in 1937 by the German Labour Front, a Nazi organization. [13] It is estimated by historians that 60–70% of the workforce were enslaved or forced labour including from Arbeitsdorf, a concentration camp specifically built for providing VW with enslaved labour.
In 1999, the forced labour memorial was opened on the grounds of the Volkswagen factory. The VW Group opened the Autostadt in June 2000 for Expo 2000. The 33,333,333 cars produced at the Wolfsburg plant rolled off the assembly line on 26 November 2001. [13] On 3 June 2007, Volkswagen celebrated the anniversary of 25 million Golfs with a big party.