Manufacturing

Volkswagen to reduce head count at 'no longer competitive' VW brand

Volkswagen Group of America was sued by the Minnesota Automobile Dealers Association over the automaker’s labor reimbursement rate for warranty repairs.
Volkswagen Group of America was sued by the Minnesota Automobile Dealers Association over the automaker’s labor reimbursement rate for warranty repairs. (FILE PHOTO)
R
By:
Reuters
November 27, 2023 02:08 PM

BERLIN – Volkswagen Group’s 10-billion-euro ($10.9 billion) savings program will include staff reductions, managers told staff on Monday as brand chief Thomas Schaefer warned that high costs and low productivity were making its cars uncompetitive.

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