Morning Briefing Podcast: VW: Escalation with Little Exit Options / Elections: The Banker's Anti-AfD Clear Text
5 Articles
5 Articles
The participants at Volkswagen continue to drive into escalation. This also has to do with the lack of strong leadership at the top.
A confidential dossier reveals the conversion plans of VW CEO Oliver Blume. Brands, works, top management: no stone should remain on the other side of the car builder.
The owner families Porsche and Piëch exert pressure in advance and want hard cuts. Whether a compromise can succeed is open
It might seem that there is no other topic in the automotive world. But the Volkswagen crisis is escalating these days: the group's top executives have often toured the German plants with great fanfare and are preparing to fight with the supervisory board, unions and politicians. And it looks like VW boss Oliver Blume will go "over the dead". Any compromise in his recovery plan will probably not be possible.
A major conflict is brewing at Volkswagen. According to the Handelsblatt newspaper, citing sources familiar with the matter, an attempt at compromise in the dispute over CEO Oliver Blume's radical cost-cutting plan has failed. On Monday and Tuesday, representatives of the company and the state of Lower Saxony held preliminary talks ahead of the supervisory board meeting, striving for a minimal consensus. However, the two sides appear to remain e…
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- 100% of the sources lean Right
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