Brand boss mercilessly settles accounts with VW - the company is “in a precarious situation”. As of: March 1, 2024, 3:46 p.m By: Markus Hofstetter CommentsPressSplit VW is not calming down.

VW brand boss Thomas Schäfer is said to have ruthlessly disclosed grievances in an internal briefing. The employees are unsettled. The number of expensive overtime hours is to be halved at VW. The “Performance Program” is intended to reduce costs by ten billion euros by 2026 through savings in material, development and manufacturing costs.