LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Volkswagen to move production of ID. Buzz out of Germany

Robert Frost by Robert Frost
December 6, 2024
in Industries
Volkswagen to move production of ID. Buzz out of Germany
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


As Volkswagen is in turmoil on its home turf in Germany with massive labor strikes, the company looks to be relocating manufacturing of its ID. Buzz retro-style minivan EV out of the country.

Currently the ID. Buzz is built in Hanover, Germany, but as the electric van has fallen short of its production goals, Volkswagen may relocate all or part of its production to a plant in Poznan, Poland, as reported by Hannoversche Allgemeine (spotted by Electrive).

You might also like

Elon Musk’s $1 trillion stock award gets more ridiculous the more you look at it

NYC debuts Bronx EV fast-charging hub for taxis and residents

The Hyundai IONIQ 5 is still a great deal

The ID. Buzz has fallen short of its 130,000 vehicles per year target, with fewer than 15,000 deliveries in the first half of this year. Since the summer, production on both lines at the plant has been carried out in two daytime shifts without needing to add any night shifts.

Meanwhile, in Germany, more than 100,000 workers at nine Volkswagen factories across Germany, including its EV-only factory, went on strike this strike this week for a few hours on Monday, bringing assembly lines to a grinding halt in the battle over the slashed pay, lost jobs, and the automaker’s future.

The strike comes after weeks of collective bargaining negotiations in which the Volkswagen didn’t back down from its plan to potentially slash thousands of jobs and close factories in Germany – a first in the automaker’s 87-year history in the country. Volkswagen plans to close at least three factories, lay off thousands of workers, and trim pay for those remaining by 10%, all as it fights to stay alive amid stiff competition from China.  

Moving the ID. Buzz out of Germany would certainly be a blow to the German plant, and so far there is no word as to what might, if anything, fill the gap.

Read more: VW ID. Buzz pricing, range & interior colors announced

Check out the ID. Buzz, now available in the US. Click here to find a local dealer that may be able to help you lock in a deal for the VW ID. Buzz. –trusted affiliate link 

FTC: We use income earning auto affiliate links. More.



Source link

Share30Tweet19
Previous Post

Number of 401(k) plan and IRA millionaires hits record, with more millennials joining the ranks

Next Post

JackRabbit’s OG micro e-bike is going for a killer price ahead of discontinuation

Robert Frost

Robert Frost

Jutawantoto Jutawantoto Jutawantoto Jutawantoto Berita Terbaru Hari

Recommended For You

Elon Musk’s  trillion stock award gets more ridiculous the more you look at it
Industries

Elon Musk’s $1 trillion stock award gets more ridiculous the more you look at it

October 18, 2025
NYC debuts Bronx EV fast-charging hub for taxis and residents
Industries

NYC debuts Bronx EV fast-charging hub for taxis and residents

October 17, 2025
The Hyundai IONIQ 5 is still a great deal
Industries

The Hyundai IONIQ 5 is still a great deal

October 17, 2025
Eli Lilly and Novo Nordisk stocks fall as Trump says he wants 0 price for GLP-1s
Industries

Eli Lilly and Novo Nordisk stocks fall as Trump says he wants $150 price for GLP-1s

October 17, 2025
Next Post
JackRabbit’s OG micro e-bike is going for a killer price ahead of discontinuation

JackRabbit's OG micro e-bike is going for a killer price ahead of discontinuation

Related News

California now has nearly 50% more EV chargers than gas nozzles

California now has nearly 50% more EV chargers than gas nozzles

March 21, 2025
Analysts are hiking their price targets on this software stock after a blowout earnings report

Analysts are hiking their price targets on this software stock after a blowout earnings report

April 24, 2025
Here are Friday’s biggest analyst calls: Tesla, Netflix, Planet Fitness, Bloom, Wendy’s, Dell & more

Here are Friday’s biggest analyst calls: Tesla, Netflix, Planet Fitness, Bloom, Wendy’s, Dell & more

May 19, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?