German Economy Minister Robert Habeck said on Friday that he wants to help Volkswagen get through a period of cost-cutting without having to resort to site closures, reflecting concerns about the country's biggest carmaker.

German Economy Minister Robert Habeck has called on Volkswagen to refrain from factory closures. "The locations should be preserved," he said during a visit to the VW plant in the north-western city of Emden.

However, German Economy Minister Robert Habeck said there were limits to what his government could do to support Volkswagen, adding that the structure and viability of a business was down to company policy.

German Economy Minister Robert Habeck has expressed his intention to assist Volkswagen in navigating its cost-cutting phase without resorting to site closures. This comes amid negotiations with unions over wage agreements and potential plant shutdowns.

In view of the crisis in the German automobile industry, Economy Minister Robert Habeck is inviting stakeholders to a "car summit" next Monday. Habeck has invited the automotive industry to an exchange on the current situation,

Germany's government was considering ways for it to support Volkswagen, German economy minister and vice-chancellor Robert Habeck said on Thursday when asked about the threat of job cuts at the country's largest carmaker.

German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The firm has been grappling with weak electric vehicle sales.

German Economy Minister Robert Habeck wants to help the country's industry cope with electricity expenses by relieving it from high grid charges, but acknowledged it is unclear how this could happen.