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Volkswagen Weighs First-Ever Germany Plant Closures To Cut Costs

Posted on September 2, 2024 By admin
Volkswagen Weighs First-Ever Germany Plant Closures To Cut Costs

Volkswagen’s headquarters in Wolfsburg, Germany. (Photo: Krisztian Bocsi / Bloomberg) Volkswagen AG is considering unprecedented factory closures in Germany in a bid for deeper cutbacks, delivering another blow to Chancellor Olaf Scholz’s government. The potential measures, targeting its main passenger car brand as well as other group operations, also include trying to end the company’s…

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EU chief announces major review saying bloc should grow to over 30 members

Posted on September 13, 2023 By admin
EU chief announces major review saying bloc should grow to over 30 members

European Commission President Ursula von der Leyen delivers the State of the European Union address to the European Parliament, in Strasbourg, France, September 13, 2023 | Photo Credit: Reuters The European Union’s chief executive said Wednesday that her services will launch a major series of policy reviews to ensure that the 27-nation bloc can still…

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