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IG Metall has initiated nationwide warning strikes at Volkswagen, with around 66,000 employees participating to protest against proposed pay cuts and potential plant closures. The union demands job security and a halt to cost-cutting measures, threatening further escalation if negotiations do not improve. Despite the strikes, VW reported limited production impact, but experts warn that prolonged disputes could harm the company's reputation.
Volkswagen is set to debut its new Proactive Safety System, designed to protect drivers, passengers, and pedestrians, with features like an Active Hood and a system that autonomously pulls over if the driver becomes incapacitated. The upcoming electric VW Golf, launching in 2029, will be the first model to utilize technology from a new joint venture with Rivian, aimed at creating a software-defined vehicle platform. This partnership marks a significant shift for Volkswagen as it seeks to address its software challenges and modernize its vehicle offerings.
Volkswagen plans to close at least three plants in Germany and cut tens of thousands of jobs amid ongoing restructuring efforts due to high operational costs and weak sales performance. The company has faced two profit warnings in 2024, with a return on sales of just 2.3 percent for its core brand, the lowest among its group. Tensions are rising as management seeks wage cuts while the works council prepares for potential resistance.
Scout Motors, a Volkswagen branch, is set to launch its first electric SUV and pickup, featuring an optional gas generator for extended range, appealing to two-car households. The vehicles emphasize a tactile user experience with mechanical controls, including door handles, to enhance safety and convenience. Production is expected in 2027, with reservations now open.
Thomas Schäfer
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Volkswagen Faces Nationwide Strikes Amid Cost-Cutting Controversy and Employee Discontent
08:38 12.12.2024
Volkswagen Partners with Rivian for Electric Golf and Advanced Safety Features
00:04 03.12.2024
volkswagen plans major plant closures and job cuts amid financial struggles
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11:05 28.10.2024
Scout Motors introduces electric vehicles with manual features and range extenders
18:15 25.10.2024
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