Tens of thousands of jobs and four plants are said to be in danger at Europe's largest car manufacturer. However, the size of the company is precisely its strength, warns Lower Saxony's Prime Minister Olaf Lies. Lower Saxony's Prime Minister Olaf Lies (SPD) sees possible plant closures at VW further critical. This is "no future solution", he told Deutschlandfunk. The size of the company is an opportunity to question it, "would be really fatal." …
115,000 jobs on the tip, four plants without perspective and fixed costs far beyond the competition – VW urgently needs a reform plan. But three camps threaten to paralyze the company.
The VW CEO Oliver Blume wants to implement austerity measures. Four plants are supposed to be in danger. But the size of the company is its strength, warns Lower Saxony's Prime Minister.