Brand boss mercilessly settles accounts with VW - the company is “in a precarious situation”. Schäfer wants to halve the number of overtime hours at VW.
“We have an unbelievable number of hours of extra work, on which we spend millions and millions of euros,” he said. The “Performance Program”, which was presented at the end of 2023, is intended to reduce costs by ten billion euros by 2026 through savings in material, development and manufacturing costs.