Volkswagen Tightens Austerity Program: Plant Closures and Redundancies Possible

Is Volkswagen in an even deeper crisis than feared? Volkswagen (VW), one of the world’s largest automotive manufacturers, has announced a significant tightening of its austerity measures in response to mounting financial pressures and a challenging economic environment. As part of this plan, the company has not ruled out the possibility of plant closures and […]