Salzgitter
Photo: Keihuli, Public domain (Wikimedia Commons, cropped)
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- Sep 28
Volkswagen and Gotion form joint ventures for battery plants in Spain, Slovakia and Morocco
Volkswagen and Chinese manufacturer Gotion High-Tech have agreed to establish three joint ventures across Europe and North Africa, with Gotion taking a 49% stake in the Sagunto battery plant for 1.1 billion euros.
- Sep 27
Greens retain Hannover mayoral office as AfD loses run-offs in Lower Saxony
Incumbent Belit Onay secured 61.5% of the vote in Hannover to win an eight-year term, while the AfD failed to win any of the three executive offices it contested across 123 municipal run-offs.
- Sep 13
CDU and SPD lead Lower Saxony local elections as AfD surges to 15.9%
The CDU secured 27.2% and the SPD took 24.6% in Lower Saxony municipal races, while the AfD tripled its vote share to 15.9% and forced several mayoral runoffs.
- Aug 23
Volkswagen agrees to 100,000 job cuts and plant reviews under 2030 restructuring plan
The supervisory board approved a turnaround plan targeting a 9% operating margin by 2030, putting four German factories under review and halving the company model range by 2035.
- Aug 22
Volkswagen CEO Oliver Blume warns overhead costs exceed rivals by 30% as 50,000 job cuts loom
Volkswagen CEO Oliver Blume described the company's financial condition as critical in an internal interview, pointing to a 30% overhead cost disadvantage compared with competitors and uncertainty over four German production plants.
- Aug 4
Completion of dismantling hall for East German nuclear reactor parts delayed to 2027
The specialized hall in Lubmin for dismantling large components from former East German nuclear power plants will now be completed in 2027, with operations starting in 2028, two years later than previously planned.
