Close Menu
Zero2Turbo
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram RSS
    Zero2Turbo
    • Home
    • Contact
    • Videos
      Featured

      Ferrari 849 Testarossa Revealed With 1,035 HP (772 kW)

      By Zero2TurboSeptember 10, 2025
      Recent

      Ferrari 849 Testarossa Revealed With 1,035 HP (772 kW)

      September 10, 2025

      BYD Yangwang U9 Track Edition Is Unofficially The Fastest EV In The World

      August 26, 2025

      Ford SuperVan Beats Mustang GTD At The ‘Ring

      August 19, 2025
    • South Africa
    • Zero2Turbo Telegram
    Zero2Turbo
    Home»News»Volkswagen Group Losing Around R40 Billion A Week Because Of Coronavirus
    News

    Volkswagen Group Losing Around R40 Billion A Week Because Of Coronavirus

    By Zero2TurboMarch 30, 2020No Comments
    Facebook Email Twitter LinkedIn Telegram WhatsApp
    Share
    Facebook Email Twitter LinkedIn WhatsApp Telegram

    German TV channel ZDF recently interviewed CEO of the Volkswagen Group, Herbert Diess where he shared that the company may have to cut jobs as a result of the Coronavirus pandemic.

    Diess confirmed that are not making sales or revenues outside of China and need to cover fixed costs of “around 2 billion euros a week”.

    “We need to rethink production. We do not yet have the discipline that we had in China at our German locations,” he added. “Only if we, like China, Korea or other Asian states, get the problem under control then we have a chance to come through the crisis without job losses. It requires a very sharp intervention.”

    The company employs 671,000 people and has 124 factories around the world.

    Volkswagen
    Share. Facebook Email Twitter LinkedIn WhatsApp Telegram
    Previous ArticleBMW M235i Gran Coupe Pricing for South Africa
    Next Article Mountune Fit Golf R Turbo To Golf 7 GTI To Deliver 380 HP (283 kW)

    Related Posts

    VW Reportedly Fitting Five-Cylinder Audi RS3 Engine Into Golf R

    August 27, 2025

    Volkswagen Working On Hotter Golf R

    August 26, 2025

    VW Golf GTI Edition 50 Arrives Packing 321 HP (239 kW)

    June 23, 2025

    VW Golf GTI EDITION 50 Becomes Fastest VW To Lap The Nürburgring

    June 13, 2025

    New Volkswagen Tiguan R Not Off The Cards

    June 3, 2025

    2026 VW Golf R Warmenau Package Sheds 7KG But Costs R75,000

    May 27, 2025
    Popular Posts
    • Simple Steps To Save Money When Buying A Used Car
    • From Rust to Radiance: Restoring a Custom Classic Car
    • “Hey Siri, I’m Getting Pulled Over” iPhone Shortcut Could Keep You Safer During Police Encounters
    • Porsche Shows Off New 911 Turbo S Highlights
    • #ExoticSpotSA Week 52 2015

    Facebook X (Twitter) Instagram YouTube RSS
    Designed by Zero2Turbo.

    Type above and press Enter to search. Press Esc to cancel.