News
Volkswagen Woes Continues As Staffs Protest In Brussels Plant
Thousands of workers in Brussels protested today due to the announced closure of the Volkswagen factory there, where the luxury model of the electric Audi is produced.
Police said the demonstration, which featured large banners reading “Industry is ours,” was peaceful and drew approximately 5,500 people, Reuters reports.
Workers in the Brussels factory complain about job and salary insecurity, while union representatives also warn of the wider context of the problem, namely that car production is increasingly being moved outside of Europe. The endangered factory, which produced around 50,000 cars last year, has problems with long-standing challenges such as high logistics costs.
Volkswagen’s management decided on a major savings program until 2026 and cancelled the employment guarantee for around 110,000 workers to deal with a cash deficit of five billion euros.
“The economic environment has deteriorated again, new suppliers are coming to Europe. In addition, Germany is particularly lagging in terms of competitiveness. We as a company now have to act consistently in this environment,” said Volkswagen CEO Oliver Blume.




-
Celebrities Auto4 days agoInside KC Luxury’s Car Collection: From A ₦2.5B Brabus 800 Adventure XLP To Alicia Keys’ Former Maybach
-
News7 days agoMansa Fulfills Challenge: TikTok Star Peller Gifted ₦300 Million Mercedes-Benz G-Wagon
-
News7 days agoUltra-Rare, Centre-Driving McLaren F1 GTR Fetches Record $34.6 Million At Auction
-
Celebrities Auto2 days agoThrowback: When KC Luxury Boasted Of Being The Only Person In The World To Own Two Rare Mercedes-Maybachs
-
News6 days agoPorsche And Chinese Company Xpeng Collaborate To Lower Average Emissions In Europe
-
News6 days ago“Wike Carry ‘Rivers’ Come Abuja”: Citizens React As Flash Floods Submerge Luxury Vehicles
-
News7 days agoAmerican Icon Shelby Cobra Daytona Coupe That Beat Ferrari 250 GTO In 1965 Sells For Record $42.9 Million
-
News5 days agoRM Sotheby’s Top 10 Best Sellers At Monterey Auction: From $40M Ferrari Luce To $34.65M McLaren F1 GTR
