Automakers: Crisis talks at VW - Demand for future perspective
With the tougher austerity measures at VW, concerns about locations and jobs are growing. Experts and politicians are demanding more from the board than just cuts. Where is the viable concept for the future of the car manufacturer?
Niedersaxony's Minister President Olaf Lies has expressed concerns about Volkswagen's future plans, calling for a viable concept to secure the company's future. He criticized potential plant closures and mass layoffs, saying they cannot be the solution. The criticism comes after VW's CEO Oliver Blume announced plans to intensify cost-cutting measures, sparking fears for thousands of jobs and several locations, including Emden, Zwickau, Hannover, and Neckarsulm.
The company's powerful works council has reacted angrily, scheduling extraordinary meetings at nine locations, including Wolfsburg, Chemnitz, and Dresden.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
