Habeck states Germany’s serious about simply how one can maintain Volkswagen- DW- 09/20/2024

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    Germany’s federal authorities is considering strategies to maintain automobile producer Volkswagen (VW), Economy Minister Robert Habeck claimed on Thursday.

    Habeck, who can be Germany’s vice chancellor, made the remarks in suggestions to a priority relating to the chance of process cuts on the firm.

    What did Habeck state relating to possible help for VW?

    “VW is of central importance to Germany,” Habeck knowledgeable press reporters within the metropolis of Papenburg within the state of Lower Saxony.

    Habeck is organized to see a VW plant in Emden, additionally in Lower Saxony, on Friday.

    Government sources claimed that the Economy Ministry was serious about simply how one can attend to weak electrical vehicle gross sales. Sales of electrical automobiles fell down after the federal authorities give up funding them.

    The ministry claimed that auto group VDA, the IG Metall Union, automobile makers and distributors will definitely take part in a German automobile high on Monday.

    VW mulls German process cuts, manufacturing facility closes as gross sales plunge

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    VW sees lower in net income in the course of weak e-vehicle gross sales

    VW reported a 14% lower in net income within the very first fifty p.c of the 12 months. The dilemma has truly moreover influenced the net income of BMW, which dropped by virtually 15%, and Mercedes-Benz, which dropped by virtually 16%.

    The carmaker has truly ended its decades-old process security association with unions in Germany, and technique closures and discharges get on the desk.

    Also on Thursday, VW refuted a media file that it’s getting ready to surrender as a lot as 30,000 people.

    sdi/jsi (Reuters, dpa)



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