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=== Volkswagen Passenger Cars === | === Volkswagen Passenger Cars === | ||
September 18, 2023: Volkswagen is considering ending production at its Gläserne Manufaktur plant in Dresden as part of its efforts to cut on costs, that’s according to people familiar with the matter. The plant employs 300 staff and is used to manufacture ID.3 electric vehicles.The annual operating cost of the plant ranges between €60 million to €70 million and is projected that ending production here will save the company around €20 million a year<ref>https://www.bloomberg.com/news/articles/2023-09-17/vw-to-stop-car-production-at-dresden-plant-automobilwoche-says</ref>. | November 13, 2023: According to Handelsblatt, Volkswagen could cut a fifth of its administrative personnel jobs as part of its cost-cutting initiative to save 10 billion euros by 2026. Volkswagen Group employs 40,000 administrative personnel. Volkswagen hasn't commented on the Handelsblatt report<ref>https://finance.yahoo.com/news/volkswagen-cost-cutting-may-administrative-055939573.html</ref>. | ||
September 18, 2023: Volkswagen is considering ending production at its Gläserne Manufaktur plant in Dresden as part of its efforts to cut on costs, that’s according to people familiar with the matter. The plant employs 300 staff and is used to manufacture ID.3 electric vehicles. The annual operating cost of the plant ranges between €60 million to €70 million and is projected that ending production here will save the company around €20 million a year<ref>https://www.bloomberg.com/news/articles/2023-09-17/vw-to-stop-car-production-at-dresden-plant-automobilwoche-says</ref>. | |||
September 5, 2023: Volkswagen will reduce production in its Wolfsburg plant due to lack of engine parts as a result of flooding in Slovenia. “From September 11th, individual shifts in production will be canceled,” a Volkswagen spokesperson said in a statement. However, compared to other locations, production in Wolfsburg, the main plant is less affected. Volkswagen said last week that it will suspend production in its Portugal plant for two months. “The situation is of course annoying because the order situation, especially for the combustion engine models at the main plant, recently looked so good that we were even heading for special shifts,” said a spokesman for the works council. “Unfortunately, the new bottleneck now prevents processing.”<ref>https://www.automobilwoche.de/agenturmeldungen/vw-drosselt-wegen-teilemangels-produktion-wolfsburg</ref> The Wolfsburg plant has a production capacity of 750,000-800,000 vehicles a year<ref>https://www.volkswagen-newsroom.com/en/wolfsburg-plant-the-heart-of-the-vw-brand-6811</ref>. | September 5, 2023: Volkswagen will reduce production in its Wolfsburg plant due to lack of engine parts as a result of flooding in Slovenia. “From September 11th, individual shifts in production will be canceled,” a Volkswagen spokesperson said in a statement. However, compared to other locations, production in Wolfsburg, the main plant is less affected. Volkswagen said last week that it will suspend production in its Portugal plant for two months. “The situation is of course annoying because the order situation, especially for the combustion engine models at the main plant, recently looked so good that we were even heading for special shifts,” said a spokesman for the works council. “Unfortunately, the new bottleneck now prevents processing.”<ref>https://www.automobilwoche.de/agenturmeldungen/vw-drosselt-wegen-teilemangels-produktion-wolfsburg</ref> The Wolfsburg plant has a production capacity of 750,000-800,000 vehicles a year<ref>https://www.volkswagen-newsroom.com/en/wolfsburg-plant-the-heart-of-the-vw-brand-6811</ref>. |