VW's Strategic Dilemma: Future of German Plants at Stake
Volkswagen is navigating a challenging landscape as it faces pressure to possibly sell its Osnabrück and Dresden plants to Chinese automakers such as SAIC, FAW, and JAC. CEO Blume acknowledges ongoing discussions with these partners about their European expansion but emphasizes that no concrete negotiations have begun regarding the German facilities.
The Osnabrück plant produces the T-Roc, while the Gläserne Manufaktur in Dresden is slated for closure in 2025. VW is actively pursuing sustainable solutions that align the interests of the company with those of its employees.
To address these pressing concerns, Blume has organized an internal 'Target Summit' to deliberate on the future direction.
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VW under pressure: Will plants in Germany be sold to China?
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