Repairing VW requires huge upheavals

The pictogram of a car in fron the VW power plant on the grounds of the VW main plant in Lower Saxony, Germany

2024-09-05  675  中等

The difficulty Mr Blume will face closing factories in Germany became apparent soon after his announcement. The firm’s governance structure hands significant power to workers and the state of Lower Saxony, which has a 20% stake in the business and is home to around a third of its 300,000 employees in Germany. Daniela Cavallo, the main official representing VW’s workers, promised “fierce resistance”. Stephan Weil, premier of Lower Saxony, says he supports cutting costs but favours alternatives to factory closures.

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