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A loss of 5.8 billion euros: Volkswagen slips deep into the red: The automaker attributes the decline in operating profit primarily to one-time factors ...
derstandard.at/story/3000000346446/minus-von-58-milliarden-eurovolkswagen-rutscht-tief-in-die-roten-zahlen
A loss of 5.8 billion euros: Volkswagen slips deep into the red
Key FactsVolkswagen reports nine-month loss of €2.7 billion
2 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • After nine months, Volkswagen reported a €2.7 billion deficit; a year earlier, its after-tax result was about €3.4 billion.

  • In China, VW recorded its first nine-month loss since beginning operations there: €113 million, compared with a €744 million profit a year earlier.

  • The company put the combined total of special items at €7.8 billion.

  • CFO Arno Antlitz said China operations risk missing break-even in 2026.
  • There is a risk that the China business will no longer break even this year.
    — Volkswagen CFO Arno Antlitz said this in a conversation with journalists and analysts about the performance of the China business.
Volkswagen: VW halts car development for ID. Golf: Volkswagen lost billions in the third quarter. Now the brand is pulling the emergency brake on one of its most ...
t-online.de/mobilitaet/aktuelles/id_101505358/volkswagen-vw-stoppt-auto-entwicklung-fuer-id-golf.html
Volkswagen: VW halts car development for ID. Golf
50,000 Jobs Gone: This Is the Volkswagen Group's Future Plan: VW has a "Future Plan 2030": 50 percent fewer models, 50,000 fewer employees.
heise.de/news/50-000-Stellen-weg-Das-ist-derZukunftsplan-der-Volkswagen-Group-11440904.html
50,000 Jobs Gone: This Is the Volkswagen Group's Future Plan
Key FactsVolkswagen plans another 50,000 job cuts
Sep 4, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: fr.de
  • On September 3, Volkswagen announced an agreement with employees and Lower Saxony on 50,000 further cuts, alongside the 2024 reduction plan.

  • Emden, Zwickau, Hannover, and Neckarsulm currently lack competitive follow-up production; the plants are affected between 2031 and 2034.

  • Volkswagen’s net profit nearly halved in 2025; the group reported European overcapacity of 500,000 vehicles.

  • At the end of 2025, Volkswagen employed 628,893 people worldwide, including 286,505 in Germany; German cuts were initially unspecified.
  • Intelligent solutions are always better than closing a plant.
    — Oliver Blume, VW CEO, in a July interview; he argued that intelligent solutions are better than closing a plant
Crisis talks at VW - | Demand for a future perspective: With VW's intensified cost-cutting measures, concerns are growing about plant locations and jobs ...
op-online.de/wirtschaft/krisengespraeche-bei-vw-forderung-nach-zukunftsperspektive-zr-94461700.html
Crisis talks at VW - | Demand for a future perspective
Clarity or frustration? VW board meets with workforce: Fearing job cuts and plant closures, the workforce at automaker Volkswagen is demanding clarity from the ...
op-online.de/wirtschaft/klarheit-oder-frust-vw-vorstand-trifft-auf-belegschaft-zr-94458309.html
Clarity or frustration? VW board meets with workforce
Commentary on the crisis at VW and the upcoming works meetings: At the crossroads
donaukurier.de/nachrichten/politik/zur-krise-bei-vw-an-der-wegscheide-21841103
Commentary on the crisis at VW and the upcoming works meetings: At the ...
Volkswagen: Mansoori demands future prospects for the Baunatal plant: The job cuts planned by the Volkswagen Group are also worrying the workforce at the ...
faz.net/aktuell/rhein-main/wirtschaft/volkswagen-mansoori-fordert-zukunftsperspektive-fuer-werk-in-baunatal-201114724.html
Volkswagen: Mansoori demands future prospects for the Baunatal plant
Volkswagen: Is VW threatened with "Detroitization"? Experts warn of consequences: Experts expect fewer job cuts at VW than feared. But the concern about domino ...
stuttgarter-zeitung.de/wirtschaft/volkswagen-droht-vw-die-detroitisierung-experten-warnen-vor-folgen-79301777.html
Volkswagen: Is VW threatened with
"Salary freeze" and bonus cuts: VW employees face painful salary cuts: From salaried employees to board members, most VW employees will have noticeably less ...
n-tv.de/wirtschaft/VW-Mitarbeiter-vor-schmerzhaften-Gehaltseinschnitten-id30163275.html
Key FactsVW Enforces Major Pay Cuts Amid Cost-Saving Drive
Dec 19, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: n-tv.de
  • Almost all VW employees in Germany face salary freezes or reductions in 2026.

  • The 'Future Volkswagen' deal prevented plant closures and agreed on a socially responsible cut of 35,000 jobs.

  • Bonuses, profit shares, and long-service payments will be significantly lowered or eliminated.

  • The company aims to save €4 billion annually with €1.5 billion from personnel cost reductions by 2029.
  • The entire savings efforts are intended to make VW internationally competitive again by 2029.
    — This is a statement from the management of VW emphasizing the need for cost-cutting measures to ensure the company's competitiveness.
Quarterly profits as bad as in 2009: German automakers at the end of their rope - | Suzuki industry leader.
auto-motor-und-sport.de/verkehr/quartalsgewinne-so-schlecht-wie-2009-deutsche-autobauer-ende-suzuki-branchen-primus/
Quarterly profits as bad as in 2009: German automakers at the end of their ...
Autopilot: Of guiding stars and currywurst for the Far East: In day-to-day business, things aren't going too badly at Volkswagen. But special charges are ...
waz-online.de/wirtschaft/regional/autopilot-von-leitsternen-und-currywurst-fuer-fernost-CLDPHJCCHJH3RA2BMOLASOO45Y.html
Autopilot: Of guiding stars and currywurst for the Far East
Auto deadline: Expert names the point at which the supply chain could break down – “situation very serious”
fr.de/wirtschaft/chip-krise-eskaliert-experte-nennt-zeitpunkt-lieferkette-reissen-koennte-nexperia-zr-94016608.html
Auto deadline: Expert names the point at which the supply chain could ...
Volkswagen: VW prepares extra shifts in Zwickau: First a forced break, now extra shifts at the VW plant in Zwickau. This is what's behind the car ...
handelsblatt.com/unternehmen/industrie/volkswagen-vw-bereitet-sonderschichten-in-zwickau-vor/100167352.html
Volkswagen: VW prepares extra shifts in Zwickau
Porsche and VW in the “valley of tears”: share prices in free fall: Following new profit warnings, VW and Porsche shares are plummeting. Three reasons explain ...
fr.de/wirtschaft/porsche-und-vw-im-tal-der-traenen-kursentwicklung-im-freien-fall-zr-93949666.html
Porsche and VW in the “valley of tears”: share prices in free fall
Job cuts at German car manufacturers: "We haven't seen the worst yet": German car manufacturers are struggling with numerous difficulties ...
fnp.de/wirtschaft/stellenabbau-bei-deutschen-autobauern-das-schlimmste-haben-wir-noch-nicht-gesehen-zr-93917772.html
Job cuts at German car manufacturers:
Porsche SE wants to profit more from the defense industry: Profits at VW and Porsche are falling. This is having an impact on the holding company Porsche SE ...
bnn.de/nachrichten/baden-wuerttemberg/porsche-se-will-staerker-von-ruestungsindustrie-profitieren
Porsche SE wants to profit more from the defense industry
"Icon that bites the dust today": Press abroad with drastic verdict on the VW crisis
stimme.de/wirtschaft/welt/vw-volkswagen-krise-wolfsburg-jobabbau-wirtschaft-ausland-autobauer-art-4982207