Volkswagen cuts costs, unions plan protests, and Bratislava…

Volkswagen cuts costs, unions plan protests, and Bratislava leads in revenue

08.07.2026 10:02 HotInfo

Volkswagen faces further pressure in Germany over its cost-cutting plans, while the IG Metall union has announced nationwide protests at all group plants. The automaker's supervisory board is set to discuss tightened savings measures, with protest actions planned in Wolfsburg, Emden, Zwickau, Hanover, and Kassel, among other locations. Deutschlandfunk ↗

The union says employees have already contributed their share to resolving the situation. According to IG Metall, the company's management should not shift the failures of previous years onto the workers. No warning strikes have been announced so far. At the same time, discussions in the German automotive industry are also touching on further job cuts at Porsche and on the fact that reducing headcount alone will not resolve the crisis. The debate also raises the question of whether Chinese manufacturers could in the future produce at German plants. Deutschlandfunk ↗

In the electric vehicle market, Volkswagen held onto first place in new registrations in Germany in the second quarter. BMW moved up three places in this ranking, returning to second place. In the Czech new car market, Škoda Auto remains the leader, Volkswagen has returned to second position, and Chinese brands are also gaining a more significant foothold. n-tv ↗

The Slovak dimension is completed by Finstat data on companies for 2025. Slovenské elektrárne achieved the highest profit, nearly 980 million euros, while the Bratislava-based automaker Volkswagen remained the company with the highest revenue despite a revenue decline of almost half a billion euros. teraz.sk ↗

This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.