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Blume believes that significant staff and cost cuts in the nation are proceeding as planned. "In 2025, Volkswagen's German facilities have already decreased production costs by over 20%," the speech notes.
By 2030, the firm commits to reducing over 28,000 positions in Germany, and when factoring in Audi, Porsche, and the software entity CARIAD, the total decrease will be approximately 50,000.
By 2030, the Volkswagen Group aims to cut yearly expenses by €6 billion. So far, Blume reports that collective agreements and reduction measures have led to sustainable savings of approximately €1 billion.
VW thinks it's feasible to manufacture 9 million vehicles annually, down from the 12 million anticipated prior to the pandemic—the typical production rate over the last five years. The company aims to align its production capacity with this level and has already cut capacity in Europe and China by 2 million vehicles annually over the last two years. Additionally, it has commenced a decrease of an additional 500,000 vehicles annually in China. The CEO mentioned that the upcoming actions in Europe and Germany will be of a comparable magnitude.
source: dw.de
By 2030, the firm commits to reducing over 28,000 positions in Germany, and when factoring in Audi, Porsche, and the software entity CARIAD, the total decrease will be approximately 50,000.
By 2030, the Volkswagen Group aims to cut yearly expenses by €6 billion. So far, Blume reports that collective agreements and reduction measures have led to sustainable savings of approximately €1 billion.
VW thinks it's feasible to manufacture 9 million vehicles annually, down from the 12 million anticipated prior to the pandemic—the typical production rate over the last five years. The company aims to align its production capacity with this level and has already cut capacity in Europe and China by 2 million vehicles annually over the last two years. Additionally, it has commenced a decrease of an additional 500,000 vehicles annually in China. The CEO mentioned that the upcoming actions in Europe and Germany will be of a comparable magnitude.
source: dw.de