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Automakers

VW defends possible German factory closures, says weak sales leave two plants empty

VW managers talk to workers
VW's management faced heckles from workers as they outlined cost-cutting measures including potential factory closures. (Bloomberg)
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By:
Bloomberg
September 04, 2024 06:55 AM

Volkswagen Group's top management defended plans to consider unprecedented factory closures in Germany, saying flagging car sales have left the company with about two plants too many.

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Stellantis U.S. boss Antonio Filosa emerges as top contender for vacant CEO post, report says
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Filosa, a native of Naples, Italy, started his career at Fiat in 1999. He joined Fiat Chrysler’s top management in 2018 and has been part of Stellantis’ senior executive team since the company formed in 2021.

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Stellantis U.S. boss Antonio Filosa emerges as top contender for vacant CEO post, report says
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