Situation of the VW Group: "A Austerity Program Alone Is Not a Strategy"
13 Articles
13 Articles
By 2030, the capacity of the European plants is to be reduced by another 500,000 vehicles. VW is to be the "world's most attractive automobile manufacturer".
VW CEO Blume is taking stock at the Annual General Meeting: 28,000 voluntary withdrawals have already been agreed, the austerity rate has its first impact – but the challenges remain great.VW CEO Oliver Blume defended his austerity rate at the Annual General Meeting of the Group. "In 2026, the framework conditions of the automotive industry have become even more stringent," he said at the virtual shareholder meeting, according to a pre-published…
Not only does Volkswagen have to reduce costs, but above all, it has to develop attractive models, warn analysts from major fund companies. At the Group's Annual General Meeting today, critical demands are likely to come from Annette Deutskens.
VW wants to re-examine the austerity measures – also because the hopes for a comeback in China are clouding. This was shown at the shareholder meeting
German car giant Volkswagen plans to cut 50,000 jobs by 2030, CEO Oliver Blume said at the company's annual general meeting on Thursday.
Volkswagen is responding to the more challenging conditions facing the industry with a new future plan. Geopolitical tensions, increasing competitive pressure, and growing trade restrictions are prompting the company to adjust its costs for a market environment without growth. CEO Oliver Blume presented the concept at the Annual General Meeting and characterized it as a continuation of the ongoing transformation, which, according to the company,…
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