Before supervisory board meeting: VW savings debate comes to a head - plants fear for their future
The supervisory board of Volkswagen is meeting on Friday. The agenda includes the savings plans of the executive board. Particularly uncertain: the future of the plants in Emden, Hanover, Zwickau and Neckarsulm.
The future of several German Volkswagen (VW) plants is uncertain ahead of a potentially decisive meeting of the company's supervisory board. Reports suggest that production at the Emden and Zwickau plants could end in 2031, at the Hannover commercial vehicle plant in 2032, and at the Audi plant in Neckarsulm in 2034. The plans have been met with opposition from politicians and employee representatives, with the IG Metall union describing them as "nonsense" and "not yet decided".
The supervisory board is set to meet on Friday to discuss VW's future plans and cost-saving measures, with three different proposals on the table.
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.
