Recently, according to media reports, Volkswagen issued a statement on September 2, considering closing its German factory to further cut expenses.
The shutdown plan includes a large automobile manufacturing factory and a parts factory, involving Volkswagen Group’s main passenger car brand.
This will be the first time in Volkswagen’s 87-year history to close a German factory.
, 
,” Volkswagen CEO Oliver Blume said in a statement,”The economic environment has become more difficult, new players are entering Europe, and as a company location, Germany is lagging further behind in terms of competitiveness.”,.At the same time, the statement also stated that it would try to terminate the agreement reached between the company and the union to ensure employment stability until 2029, which could lead to conflicts between the company and the union.
The chairman of the Public Works Committee said management had acted inappropriately.
Volkswagen Group’s first-quarter financial report showed that sales in the first quarter reached 75.
5 billion euros, down 1% year-on-year.
operating profit was 4.
6 billion euros, down 20% year-on-year.
global sales were 2.
1 million units, down 2% year-on-year.
The second-quarter financial report showed that revenue in the second quarter was 83.
34 billion euros, a year-on-year increase of 4.1%. operating profit was 5.
46 billion euros, a year-on-year decrease of 2.4%. global sales were 2.
244 million vehicles, a year-on-year decrease of 3.8%. 4.348 million vehicles were delivered in the first half of the year, a year-on-year decrease of 0.6%.The overall performance of the financial report data for the two quarters was average, especially in terms of operating profit.
Volkswagen Group’s performance in the first half of the year was not ideal, which may also be the reason for Volkswagen to cut expenses.
(Source: Interface News.
Compilation/Car Home Qin Chao), return to the first electric network home page>,.
