'A debate is now underway and there are already many good ideas. There are no concrete scenarios.'
BERLIN -Volkswagen's CEO Herbert Diess told a supervisory board meeting in September that the company could lose 30,000 jobs if it transitioned too slowly to electric vehicles , two sources with knowledge of the matter told Reuters on Wednesday.
The U.S. EV maker plans to produce 500,000 cars a year in Germany with 12,000 employees, while Volkswagen's 25,000 produce just 700,000 cars at its Wolfsburg plant. "There is no question that we have to address the competitiveness of our plant in Wolfsburg in view of new market entrants," Volkswagen spokesperson Michael Manske said, pointing to Tesla and new Chinese automakers making inroads into Europe.
"A debate is now underway and there are already many good ideas. There are no concrete scenarios," Manske said. A spokesperson for Volkswagen's workers' council said that while they would not comment on whether Diess made the remarks, "a reduction of 30,000 jobs is absurd and baseless".
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
More than 100 U.S. lawmakers urge Pelosi to back union EV tax creditMore than 100 U.S. House lawmakers on Tuesday urged Speaker Nancy Pelosi to keep a $4,500 tax credit incentive for union-built electric vehicles (EV) in a massive spending bill.
Read more »
Not so fast! Supply bottlenecks strain fashion chainsSupply bottlenecks, slower product deliveries and higher freight and labour costs risk shifting the fast fashion industry into the slow lane, as shown this week by British online fashion retailer ASOS .
Read more »
At least 134 Yemen rebels killed in recent strikes near MaribSaudi-led coalition says it killed more than 130 Houthis in air strikes south of Yemen's Marib a day after it announced the deaths of another 156 rebels
Read more »
U.S. to open land borders to fully vaccinated peopleThe policy will apply only to legal travel, not to undocumented immigrants, such as the nearly 30,000 Haitians who arrived at the Texas border last month.
Read more »
How the NFL Learned Months Ago of the Offensive Emails that Cost Jon Gruden His JobHow did the offensive emails that cost Jon Gruden his coaching job surface? It began with an investigation into the Washington Football Team—a franchise where he never worked.
Read more »
The booming business of knitting together the world’s electricity gridsDenmark has installed enough wind turbines that, when it blows, no other source of electric power is required—but it needs a Plan B. An undersea cable could be the solution
Read more »