Topic
plant closures
7 stories related to this topic, newest first.
Abc Newsbusiness7 hrs ago
Volkswagen CEO Says Intelligent Solutions Exist to Avoid Plant Closures
Abc News reported that Volkswagen chief executive Oliver Blume is pursuing alternatives to factory shutdowns while addressing performance issues. The Wolfsburg-based company faces domestic cost pressures and competition in China. Last week it announced plans to cut its model line…
cnet.comfinance2 days ago
Volkswagen Unveils 12-Point Restructuring Plan to Cut Capacity and Complexity
Volkswagen announced a restructuring plan that includes reducing annual production capacity to 9 million vehicles, cutting model range by up to 50 percent, and lowering product complexity by up to 75 percent. The company's works council rejected plant closures and said it will su…
FI
news.sky.compolitics6 days ago
Ineos chief urges EU action on Chinese chemical imports and European plant closures
Sir Jim Ratcliffe told Ursula von der Leyen that China is overbuilding chemical capacity and dumping products in Europe at low prices. He cited 200 plant closures in five years and risks to food and defense supply. GB News reported the contents of the letter.
deadline.comworld9 days ago
Daily Caller Publishes CASE Report on AB InBev Market Share and U.S. Brewery Closures
The Daily Caller obtained a July 3, 2026 report from Consumer Action for a Strong Economy examining AB InBev's ownership and operations. The document reviews the company's market share, lobbying activity, plant closures, and distribution practices.
DA
upi.comfinance14 days ago
Volkswagen Plans Up to 100,000 Job Cuts and Four German Plant Closures
Volkswagen announced plans to cut up to 100,000 positions worldwide and close four plants in Germany. The reductions target roughly one-sixth of its 625,000-person global workforce.
MA
eco-business.compolitics40 days ago
UK Chemicals Emissions Fall 60% as 25 Facilities Close, With Over 90% of Cuts From Closures
Between 2021 and 2025 the UK chemicals industry cut emissions 60 percent, with more than 90 percent of the reduction coming from plant closures rather than efficiency gains. The government last month announced a £350 million critical chemicals resilience fund to support strategic…
MarketWatchfinance68 days ago
U.S. Investigates Role of Corporate Consolidation Amid 2026 Meat Price Surge Driven by Supply Shortages
The U.S. government has launched an investigation into whether corporate consolidation contributed to meat prices hitting record highs this year. Factors including summer grilling demand, smaller cattle herds, and processing-plant closures also drove the increases. MarketWatch re…