All posts tagged "Volkswagen"

Major automaker Volkswagen has considered cancelling its plans for a US major factory over President Donald Trump's automotive tariffs, according to reports Monday.

Oliver Blume, CEO of the Volkswagen Group, said in an interview with Handelsblatt that in the first nine months of 2025 levies issued by the Trump administration had cost the company $2.5 billion and that the company needed to make cuts, Semafor reported.

After Trump returned to office, German investments in the US dropped 45% year-on-year in 2025, according to Reuters. The dollar's depreciation was considered a factor while German exports also declined. ...

(Reuters) - The United Auto Workers union on Monday said it was withdrawing its objection claiming undue outside political interference in the result of a February election it lost among workers at the Volkswagen AG plant in Tennessee.

By Bernie Woodall

By Richard Cowan and Bernie Woodall

Workers at German auto giant Volkswagen's plant in Tennessee were voting Wednesday on whether to form a union, a decision seen as a referendum on the health of the US labor movement.