Tens of thousands of Volkswagen workers are taking part in strikes at plants across Germany Monday, marking the largest walkouts at the carmaker’s domestic operations since 2018.

Volkswagen has threatened to close plants in Germany for the first time in its 87-year history to reduce costs and boost profit.

KEY TAKEAWAYS Volkswagen workers across Germany began striking Monday over the automaker's plans to cut costs.The workers are pushing back on Volkswagen's plans to close factories and slash jobs and pay.