Volkswagen Tightens Austerity Program: Plant Closures and Redundancies Possible
Is Volkswagen in an even deeper crisis than feared? Volkswagen (VW), one of the world’s largest automotive manufacturers, has announced a significant tightening of its austerity measures in response to mounting financial pressures and a challenging economic environment. As part of this plan, the company has not ruled out the possibility of plant closures and […]
German companies are increasingly focusing on locations in Asia
In recent years, some German companies have relocated parts of their production or business activities to Asia. The reasons for this are varied and include cost reductions, access to fast-growing markets, and proximity to important supply chains. Here are some examples: Volkswagen (VW): VW has established extensive production facilities in China, which is now one […]
Germany is becoming increasingly unattractive as a business location, which is a major opportunity for Asian countries!
Germany as an industrial location, once hailed as one of Europe’s leading economic powers, is increasingly under pressure A recent survey conducted by the market research institute Kantar Public on behalf of the management consultancy FTI-Andersch paints a sobering picture: a majority of the manufacturing companies surveyed now take a critical view of Germany as […]
The Relocation of German Companies Amidst Escalating Energy Expenses: An Increasing Issue.
The Relocation of German Companies Amidst Escalating Energy Expenses: An Increasing Issue. In recent years, Germany’s industrial sector, known for its engineering excellence and strong manufacturing base, has been grappling with escalating energy costs. These rising expenses, fueled by a mix of factors including the shift towards renewable energy, geopolitical tensions, and fluctuations in global […]
