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Volkswagen considers German plant closures to save billions in costs | The Guardian
(www.theguardian.com)
this post was submitted on 02 Sep 2024
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I work in heavy machinery. We use tons of metal, like literally. We're still dominating the market with competitive prices and good technology. Building cars is amateur time in comparison.
Edit: the main portion of costs is personnel. We have a gigantic service network and they're expensive as fuck because Germany has a good union (IG Metall). Gas is absolutely of no concern to us at all.
sounds like german auto industry lost its competitive edge due to shiti management and too much state aid.
good to hear that your industry is able to compete despite gas prices!
I will agree with that. Im honestly very happy and proud that we manage to power through the slight recession. And im 100% sure its because of good management. We jumped on board the sustainability train fairly quickly and we're definitely benefitting from it. It helps that our customers are doing the same. Conservative mindset is what's ruining our industry (and our political landscape). All they do is whine when things won't work the way they used to and then they wait for state aid.
Anywho, thanks for the kind words, I appreciate it!
Thank you for providing additional details.
Are owners of poorly ran enterprises just asking for bailouts? Or are they literally not competitive? Trying to better understand reason for decline in industrial output etc.