Volkswagen restructuring
EXCLUSIVE: BRAZIL Volkswagen unit announces restructuring plan
Volkswagen do Brasil has announced plans to restructure its operation. According to Hans-Christian Maergner, president of the local unit, the…
GOLDING’S TAKE: VW retains Pischetsrieder but not its dignity
Earlier this week, the supervisory board of VW reappointed Bernd Pischetsrieder as chief executive for another five years. His supervisory…
GERMANY: VW extends Pischetsrieder’s contract
The Volkswagen supervisory board has agreed to extend CEO Bernd Pischetsrider’s contract for five years until 2012. The decision was…
GERMANY: Volkswagen board meeting – ROUNDUP
Volkswagen’s two-day supervisory board meeting ends this week with a continued commitment to the deep restructuring programme announced earlier this…
GERMANY: 40,000 jobs at Volkswagen may be surplus
According to a report in the Süddeutsche Zeitung newspaper, around 40,000 jobs at Volkswagen’s six German plants are surplus to…
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GERMANY: CEO says VW doomed unless workers accept cuts
Volkswagen is doomed unless unionised workers at its expensive German plants accept sharp cuts in costs and jobs, the carmaker…