GERMANY: VW chief seeks cost-cut support from factory floor - report
Volkswagen AG chief executive Bernd Pischetsrieder has sought to gain the support of rank-and-file staff for the German car maker's ongoing cost-cutting measures, Dow Jones reported, citing news agency VWD on Thursday. "Substantial cost-savings measures are needed to maintain our room for manoeuvre," the VWD report quoted Pischetsrieder as telling employees at a factory at Volkswagen's Wolfsburg headquarters.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable