Latest Oliver Blume News

Volkswagen's employee council says the automaker plans to close at least 3 German plants

Oct. 28, 2024 17:21 PM EDT

BERLIN (AP) — Volkswagen has informed employee representatives that it wants to close at least three plants in Germany, the head of the company's works council said Monday. Employee council chief Daniela Cavallo said at a meeting with Volkswagen workers at the company's Wolfsburg...

As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worried

Sep. 08, 2024 03:28 AM EDT

FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history, saying it otherwise won't meet the cost-cutting goals it needs to remain competitive. CEO Oliver Blume also told employees...

Volkswagen aims to cancel a no-layoffs pledge and won't rule out closing plants in Germany

Sep. 02, 2024 16:45 PM EDT

FRANKFURT, Germany (AP) — Germany's Volkswagen says auto industry headwinds mean it can't rule out plant closings in its home country - and must drop a longstanding job protection pledge in force since 1994 that would have barred layoffs through 2029. “The European automotive...