volkswagen

WORLD

Volkswagen has once again lowered its outlook for the year, anticipating weaker sales compared to last year.

September 30, 2024
last year
lowered
volkswagen

The German automaker, facing ongoing challenges, had initially expected to increase deliveries by 3% compared to the 9.2 million vehicles sold last year. However, after the stock market closed on Friday, Volkswagen announced it now expects to sell only around 9 million vehicles this year. The company also revised down its revenue projections, now forecasting […]

WORLD

Volkswagen threatens to lay off 30,000 employees, German minister urges company to keep plants open

September 20, 2024
company
german
volkswagen

German Economy Minister Robert Habeck has called on Volkswagen to avoid closing its plants. During a visit to Volkswagen’s factory in Emden, Lower Saxony, Habeck emphasized that all efforts should focus on keeping the production sites operational. This was reported by the DPA news agency. Cost-cutting measures shouldn’t come at the expense of employees or […]