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