Tag #Volkswagen

german.china.org.cn
🌐 85% Global Worthiness
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Volkswagen and XPENG Partner to Build China's Largest EV Fast-Charging Network

Volkswagen and XPENG are partnering to build a fast-charging network with over 20,000 charging points in 420 Chinese cities, leveraging China's nine-year lead in NEV production and sales to bolster Volkswagen's EV market competitiveness.

Progress

40% Bias Score

Affordable and Clean Energy
forbes.com
🌐 85% Global Worthiness
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Volkswagen's Restructuring Plan Stalls Due to Union Power

Volkswagen's negotiations with unions averted immediate factory closures and layoffs, securing job security until 2030, but fell short of its ambitious restructuring goals, raising concerns about its long-term competitiveness despite planned efficiency gains of €15 billion.

Progress

52% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Cariad Data Breach Exposes Location Data of 800,000 Electric Vehicles

A software flaw at Volkswagen's Cariad exposed location data of 800,000 electric vehicles and contact information of their owners in Europe; the vulnerability lasted months before being discovered by the Chaos Computer Club, which then reported it to VW.

Progress

32% Bias Score

Responsible Consumption and Production
kathimerini.gr
🌐 85% Global Worthiness
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VW, Unions Reach Deal: 35,000 Job Cuts, Production Reduction

Volkswagen and German unions reached a deal on December 20th, averting plant closures and mass layoffs, but involving 35,000 job cuts and a 700,000 vehicle production reduction by 2030 to address shrinking European markets and competition from China.

Progress

24% Bias Score

Decent Work and Economic Growth
taz.de
🌐 75% Global Worthiness
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VW-IG Metall Compromise Averts Layoffs, But at a Steep Price

Volkswagen and IG Metall reached a hard-fought compromise on wage negotiations, averting job cuts but requiring €1.5 billion in annual employee contributions and a 10% management pay cut for two years. The deal follows intense pressure from the Porsche and Piëch families, owners of Volkswagen.

Progress

48% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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VW Averts Plant Closures, Cuts 35,000+ Jobs in Wage Deal

Volkswagen reached a wage deal with its 120,000 German workers, avoiding plant closures until 2030 but involving over 35,000 job cuts through buyouts and early retirement to address lagging sales, rising costs, and Chinese competition; the deal saves VW €1.5 billion yearly in labor costs and €4 bill...

Progress

36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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2024: Crisis Hits European Industrial Giants

In 2024, European industrial giants like Volkswagen, facing challenges from the shift to electric vehicles and Asian competition, experienced significant setbacks, including plant closures, bankruptcies, and massive layoffs, revealing systemic issues within European industry.

Progress

56% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 85% Global Worthiness
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Volkswagen Data Breach Exposes Location Data of 800,000 Electric Vehicle Owners

A data breach at Volkswagen exposed the personal data of 800,000 electric vehicle owners, including precise location data for nearly 500,000 vehicles, due to a misconfiguration by subsidiary Cariad; data was accessible for months on Amazon cloud storage.

Progress

44% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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Data Breach Exposes Location Data of 800,000 VW Electric Vehicles

A data breach at VW's Cariad exposed location data of 800,000 electric vehicles and contact information of their owners due to a software flaw in an Amazon cloud server, allowing access to precise location data of 460,000 vehicles for months; VW claims the issue is resolved and no sensitive data was...

Progress

40% Bias Score

Responsible Consumption and Production
politico.eu
🌐 85% Global Worthiness
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Volkswagen Agrees to 35,000 Job Cuts in Germany

Volkswagen and German unions reached a deal to avoid strikes, resulting in 35,000 job cuts in Germany and plant restructuring, including relocation of some production to Mexico, to improve competitiveness against Chinese rivals and secure €15 billion in annual savings.

Progress

52% Bias Score

Decent Work and Economic Growth
taz.de
🌐 85% Global Worthiness
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Volkswagen Averts Plant Closures in Restructuring Deal

Volkswagen and its worker representatives reached a compromise to restructure the company, involving the reduction of over 35,000 jobs and a 25% cut in production capacity, while avoiding plant closures and extending job security until 2030, saving over €15 billion annually.

Progress

44% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
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Volkswagen Announces 35,000 Job Cuts, Production Shifts Amidst EV Transition

Volkswagen announced plans to cut over 35,000 jobs by 2030, including 4,000 in Wolfsburg, shifting Golf production to Mexico in 2027 while investing in electric vehicles; a job guarantee is in place until 2030, with potential payouts thereafter, and the future of some plants remains uncertain.

Progress

48% Bias Score

Decent Work and Economic Growth