Vw suppliers see better planning basis through future pact

Vw suppliers see better planning basis through future pact

This was emphasized by Volker Schmidt, the general manager of NiedersachsenMetall. "Volkswagen is now offensively facing up to the immense challenges," he said, referring to the pact for the future presented the previous day. The is mainly to help rehabilitate the core brand. In Lower Saxony are over 110.000 people are employed by Volkswagen, and there are just as many more in the supplier companies.

Schmidt: "They, in turn, are dependent on planning security; it is therefore good that a plan is now in place that outlines the way to this future." The companies urgently wanted a partnership exchange at eye level. Suppliers are partners in overcoming the current major challenges. The day before, Lower Saxony's Minister of Economic Affairs Olaf Lies (SPD) announced an early meeting with industry representatives to discuss the impact of the Pact for the Future and the Future Strategy with companies.

With the pact for the future, the works council and the company want to combine necessary reforms at the profit-weak core brand VW Passenger Cars with safeguards for the workforce. Volkswagen plans to cut up to 23,000 jobs in Germany alone by 2025.Cut 000 jobs. The dismantling is to be carried out in a socially responsible manner. At the same time, the parties agreed on high investments. Thus, 9000 new jobs are to be created, so that in total 14.000 jobs in Germany alone by 2025. The entire group employs more than 624.000 people, 282 000 of them in Germany.