No figure was specified. VW employs more than 600,000 people globally.
The company signalled a major shift to electric - with the first new model expected next year - after the emissons scandal of 2015 that is believed to have cost the group more than $30bn - the bulk of it in the US where it admitted fitting software designed to cheat emissions testing.The fallout prompted a crackdown in Europe while China - the world's largest new car market - has demanded more low-emission vehicles.
European carmakers endured a tougher 2018 as they faced bottlenecks certifying vehicles under new emissions tests imposed on the industry while demand was also subdued - particularly for diesel cars.VW reported a slight dip in operating profit for 2018 at its eponymous brand while Bentley recorded a loss of €288m , from a small profit the previous year, as delays hit production of the new Continental GT.Net profits were 6% higher at €12.2bn .
Wait until the British car buyer wakes up and we stop buying German and French cars, so that we can support UK workers.
Brexit. 🤔
Electric cars buses etc need a silver bullet there ain’t one yet !
Bloody hell, more turmoil to UK car manufacturing. Hang on, with the exception of Bentley (which is somewhat of a niche market) VW cars aren’t made in the UK 🤔 I’m sure someone somewhere will find a link to Brexit 🙄
Brexit getting the blame for Nissan & Honda though.
Take my wife, please!
Vw cutting jobs.. all employees should see people as assets.. people contribute value to a company. Why do you think corporation are wealthy not because of their product it’s bc of the people that’s make them assets
But Brexit? Isnt it Brexits fault?
Brexit?
Car Car Latest News, Car Car Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: The Independent - 🏆 80. / 59 Read more »
Source: The Guardian - 🏆 84. / 53 Read more »