No menu items!

Become a member

Get the best offers and updates relating to Liberty Case News.

― Advertisement ―

spot_img

Tesla model plans and production forecast to 2028

The latest vehicle manufacturer strategy report by Automotive World examines Tesla’s future model plans and forecasts its production output for the period to...
HomeTechnology & InnovationWage cuts or plant closures: how Volkswagen can save itself

Wage cuts or plant closures: how Volkswagen can save itself


Volkswagen’s structural and financial problems have become very public in recent weeks. The board’s first response was to promote the idea of cutting capacity, especially in Germany. This would allow Volkswagen to reduce fixed costs and balance production capacity to demand. The company said that it was expecting to sell 500,000 fewer cars a year over the long term than it had done in the past, broadly equivalent to the output from two factories. Analysts and commentators began to ponder which plants might close, especially in Germany.



Source link