Volkswagen loses 2 billion euros in a week

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Volkswagen loses 2 billion euros in a week

Every week, the Volkswagen group has lost about two billion euros because of the pandemic COVID-19 crisis. This German TV channel ZDF said the Director General of the Herbert Diss.

Given the drop in sales, which cannot be resumed without jeopardizing the life and health of the staff, the concern will be forced to cut jobs. Top Manager refers to the effective experiences of Asian States, which, apparently, cannot be applied in Europe without violating the basic rights and freedoms of citizens. In the same China, from which it spread coronavirus infection, the demand was renewed, but only half compared to pre-crisis levels.

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To date, the VW group operates 671 thousand people. The network consists of 124 enterprises, 72 of which are in Europe and 28 specifically in Germany.

VW Group owns the brands Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT and Skoda. The group also produced the trucks of MAN, Scania and Ducati motorbikes.

Last year the group sold at 10.96 million vehicles, but this year the performance will be much more modest.

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