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Volkswagen in crisis: Plant closures and layoffs are threatened!
Volkswagen is facing massive challenges: workforce reductions, factory closures and possible government aid dominate the debate.
Volkswagen in crisis: Plant closures and layoffs are threatened!
The crisis at Volkswagen is taking on dramatic proportions! The company is being hit hard by falling sales figures and strict EU CO₂ regulations. The news struck like lightning: On September 2nd, VW boss Oliver Blume announced that orders for a shocking 500,000 cars were missing - a nightmare for the traditional car brand!
The effects are already being felt. Staff cuts and even factory closures are no longer considered taboo. Jürgen Mahnkopf, deputy chairman of the general works council, is pushing for an early solution: “We would all like to have a solution in time for Christmas.” Daniela Cavallo, the chairwoman of the general works council, is also critical of the situation and explains that every VW factory is theoretically on the brink!
Decline in sales and government intervention
The sales figures are not only worrying, they are catastrophic! VW was unable to meet expectations for the new electric vehicles - the ID.3, once celebrated as the "new Golf", is languishing in 42nd place in the registration statistics. In addition, the European car market is losing two million vehicles every year. If this doesn't change, there will be massive job losses - in the worst case, up to two large production facilities will be affected!
The pressure on VW is growing! From 2025 there will be a threat of new CO₂ regulations that will force the company to drastically increase the sales figures of electric cars. And while those responsible for the crisis recognize the seriousness of the situation, the company is hoping for government aid. Lower Saxony is observing the situation closely and has no interest in radical job cuts. Proposals for subsidies and bonuses for the sale of electric cars are in the air - but responsibility remains with VW!