Volkswagen waits German manufacturing facility closure strategy- DW- 11/24/2024

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Volkswagen waits German manufacturing facility closure strategy- DW- 11/24/2024


Volkswagen Passenger Cars CHIEF EXECUTIVE OFFICER Thomas Sch äfer knowledgeable the German World on Sunday paper that the car titan will definitely press forward with its manufacturing facility closure prepares despite objection from unions.

Sch äfer states Volkswagen have to ‘adapt to brand-new facts’

“We need to reduce our capacities and adjust to new realities,” Sch äfer claimed.

In October, the enterprise’s jobs council claimed the automotive firm will surely shut 3 manufacturing amenities, resulting in tons of of labor cuts.

When requested by World on Sunday Whether the enterprise would possibly abandon among the many closures, Sch äfer responded: “We do not currently see this.”

Volkswagen Passenger Cars CEO Thomas Schäfer speaking in 2021
Sch äfer has really been the chief government officer of Volkswagen Passenger Cars contemplating that July 2022Image: Michaela Rihova/ dpa/CTK/image partnership

The Volkswagen exec moreover waited methods to let go workers, claiming it might actually “not be enough” to scale down the labor power using layoffs and severance offers.

“That would simply take too long,” Sch äfer claimed. He thinks the cutting down methods will surely take 3 to 4 years.

“There is no point in dragging out a restructuring until 2035. The competition would have left us behind by then,” Sch äfer claimed.

The Volkswagen exec claimed the enterprise is encountering larger labor bills in distinction with rivals. He moreover concurred that monitoring should take earnings cuts, among the many wants of the occupation union IG Metall all through preparations.

German automotive producer Volkswagen encounters unmatched dilemma

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IG Metall union intends to put Volkswagen employers ‘under substantial stress’

Volkswagen labor brokers have really backed minimal strikes at German facilities from very earlyDecember IG Metall claimed the exercise will surely place Volkswagen “under massive pressure.”

IG Metall arbitrator Thorsten Gr öger claimed the idea of plant closures and mass discharges as urged by monitoring “is now leading to the threat of a labor dispute the intensity of which the country has not seen for a long time.”

IG Metall negotiator Thorsten Gröger
IG Metall arbitrator Thorsten Gr öger has really defined VW’s methods as a “stab in the heart” of the enterprise’s labor power Image: Alicia Windzio/ dpa/image partnership

Germany’s large automotive market is encountering a dilemma amidst lowering European want and difficult rivals fromChina

The downturn moreover influenced varied different enterprise related to the German automotive market.

On Friday, German automotive elements supplier Bosch claimed it might actually launch 5,000 workers members, with a variety of the discharges going down in Germany.

ZF Friedrichshafen, Continental AG, and Webasto Group are a number of of the varied different German automotive element provide enterprise which have really revealed work cuts only in the near past.

German auto market encounters an impending financial downturn

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wd/lo (AFP, dpa)



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