US EditionMcKinsey Says VW Should Close Down Almost All Plants in Germany
6 Articles
6 Articles
According to media reports, consulting firm McKinsey & Company has found that Volkswagen (VW) should close eight car plants in Germany in the long term. Volkswagen currently has 10 plants in Germany, and McKinsey's proposal is now causing major controversy in the country.
According to media reports, McKinsey advisors have thought about how Volkswagen could save costs with factory closures. This causes indignation – and comes to the head of the company Oliver Blume nevertheless.
The uncertainty at Volkswagen is growing, while the new Porsche CEO suggests job cuts. Consultants suggest closures, but the job guarantee remains in place. The strategy remains unclear.
Of the ten works, only two were left. According to the "picture", McKinsey VW is to propose the closure of almost all German autoworks. The works council calls the speculations "faultless". However, other austerity measures are likely to come.
Volkswagen is under pressure. According to a report, the management consultancy McKinsey is said to have proposed the out for eight plants. " Completely overdoing," says expert Bratzel.
Coverage Details
Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
