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News Wire / economy

VW Supervisory Board Discusses Restructuring Amid Falling Sales

Deutschlandfunk Cologne 15d15d Impact 7
The Volkswagen Group is experiencing a problem with excess production capacity because sales are significantly lower than anticipated by leadership before the COVID-19 pandemic. Several German plants are considered too expensive from the perspective of the board. This issue was reported by Handelsblatt over the weekend. The supervisory board is discussing these matters today. This comes as the company faces overcapacity issues and falling sales. The discussions are being held in Cologne. The Volkswagen Supervisory Board is set to discuss restructuring. The board will review the current situation and potential strategic adjustments. Volkswagen's supervisory board is meeting to discuss potential restructuring measures.

Topics

automotive production sales

Developing

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Sources · 7 independent

Deutschlandfunk

“Maßnahmen, VW und der Volkswagenkonzern insgesamt haben ein Problem, nämlich zu viele Produktionskapazitäten, zu viel, weil der Absatz deutlich hinter dem zurückbleibt, was die Führungsspitze einst vor Corona erwartet hat.”

Deutschlandfunk

“Landeskorrespondenten aus Niedersachsen, Herr Brandau, was genau diskutiert der VW Aufsichtsrat heute?”

Bloomberg Radio

“of earnings season, where earnings are expected to still be strong there”

BNR Nieuwsradio

“luidheid verweten. Maar het idee dat je dus bewust even tegenspraak binnenhaald.”

Volkswagen Supervisory Board to Discuss Restructuring

“Volkswagen Supervisory Board to Discuss Restructuring”

WDR 5

“kaufen nicht Benzin ein und verkaufen es weiter, sondern haben Provisionen geschäft,”

fed_treasury

“VW Supervisory Board Discusses Restructuring Amid Falling Sales”

WDR 2

“krachen. this side of heaven's gate Eure Hits im WDR 2 Musikmix.”

WDR 5

“zum Beispiel nur um 8 Uhr abends, dass die Leute dann nach”

Radio Gaucha

“estrutura pensada para uma ocupação provisória. Por isso que a gente trabalha.”

DLF Nova

“jeder Dritter sprach sich für die kleinen Nageltiere aus. auf Platz 2.”

Radio Veronica NL

“The Volkswagen Supervisory Board is discussing restructuring amid falling sales.”

France Info

“pour quelques jours. C'est Alissa, responsable du centre humanitaire qui les accueille.”

WDR 5

“richtige Richtung und ein sehr wichtiger Schritt, weil wir arbeiten ja da”

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