Looking for a buyer: VW’s electric car (Zwickau, September 5, 2024)
No one wants to be clear about the causes of VW’s crisis. The VW CEO explained again on Sunday what he believes is the reason: Fewer cars are being bought in Europe. At the same time, new competitors from Asia are entering the market with great force. “The cake is smaller, and there are more guests at the table,” Oliver told Blume. Sunday Photos. The situation for the brand is ‘incredible’. It is so serious that everything cannot continue as before.
So the VW boss wants to take a risk. After all, the word is Volkswagen, Blume emphasized. “We have to challenge ourselves again. We have to try hard to succeed.” Unfortunately, the distribution of costs for the supposed “means of success” is once again very one-sided. Since last week, we have known that austerity measures are being stepped up and jobs are being cut. Plant closures are no longer out of the question. Thus, Left chef Janine Wissler referred to the 4.5 billion euros VW paid out to shareholders in the last financial year. She said that it was “incredibly shabby” to claim that the Volkswagen Group “cannot raise 5 billion euros.” Lineish Post“If Volkswagen really needs money urgently, its major shareholders, such as the Porsche-Piech family, should pay back this 4.5 billion euros.”
No one would think that the metal and electrical industry collective bargaining that begins this week is taking place against the backdrop of the Wolfsburg earthquake.dpa) “More than anything else, it is about secure jobs in Germany, a high-wage country” (dpa), cut themselves off. Christiane Benner, IG Metall’s first CEO, emphasized on Saturday that “the company earns good money from its employees, and sometimes even the best.” Neither colleagues nor salaries are responsible for the difficult situation of individual companies. “Rather,” they are “opportunity factors for the entire country.” Now the economy must increase its purchasing power.
