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BQ 3A News > Blog > Germany > VV team: VV supervisory board assembly ended with out readability on financial savings plans
Germany

VV team: VV supervisory board assembly ended with out readability on financial savings plans

July 9, 2026
VV team: VV supervisory board assembly ended with out readability on financial savings plans
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Even after a gathering of its supervisory board at the board’s long run plans, Volkswagen isn’t giving any details about imaginable plant closures and process cuts. At these days’s assembly, the Govt Board of the Crew offered to the Supervisory Board a complete bundle of measures with 12 projects and a objective till 2030, the Crew introduced after the assembly.

The committee additionally met to talk about imaginable financial savings plans by means of the crowd’s board of administrators. VV has now introduced that the concrete cuts might be mentioned within the supervisory board best after the summer season ruin.

The media prior to now reported on imaginable plans for process cuts and plant closures. Consistent with the control mag, as much as 100,000 jobs may well be misplaced international, two times as many as prior to now deliberate. 4 vegetation of the VV Crew in Hanover, Emden, Zwickau and Neckarsulm are threatened with closure. Der Spiegel reported on VW boss Oliver Blume’s plans to segment out manufacturing on the VW factories in Zwickau and Emden from 2031.

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The fashion vary will have to be nearly halved

However after the assembly of the supervisory board, there used to be no speak about it. “With our future plan, we are embarking on the next phase of transformation ourselves,” CEO Oliver Blume stated in a observation from the assembly.

The fashion vary will have to be step by step simplified by means of as much as 50 %, and the choice of imaginable apparatus choices will have to be lowered by means of as much as 75 %. He didn’t give any details about imaginable cuts.

The unions are soliciting for a observation

After the assembly, the pinnacle of the employees’ council, Daniela Camillo, requested Blume to speculate at the body of workers this Friday and to touch upon rumors of cuts. “Enough is enough! “The ultimate straw,” Cavallo stated, in line with the employees’ council newspaper.

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»The way in which the board of administrators treats the body of workers can not be surpassed relating to disrespect. Oliver Blume now has an obligation to no less than restrict this monumental harm.

The supervisory board consultation used to be accompanied by means of union protests. Protests towards the austerity plans had been held in numerous places, together with Hanover, Emden and Dresden. About 500 folks collected on the rally within the board construction in Wolfsburg, the place the supervisory board used to be sitting.

Extra in regards to the matter

Volkswagen Z+ (subscription content material); Volkswagen: “There are companies in the auto industry that are still successful” Z+ (subscription content material); Volkswagen process cuts: Breaking the taboo Z+ (subscription-based content material); VV financial savings: German automobiles? Dearer, however no longer higher

TAGGED:boardClarityendedGroupMeetingplanssavingsSupervisory
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