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11/16/18
Wolfsburg
Volkswagen Group News

Volkswagen redefines plant assignment and focuses more closely on multi-brand plants

Volkswagen redefines plant assignment and focuses more closely on multi-brand plants
  • Electric offensive: Emden and Hanover to become electric vehicle plants
  • Cross-brand bundling of product families for more efficiency and synergies
  • Additional multi-brand plant in Eastern Europe to boost competitiveness
  • Group Board Member for Production Blume: “We are making our plants fit for the future and realizing the potential of the Volkswagen Group.”
  • Group Works Council Chairman Osterloh: “We agreed an employment guarantee for Emden and Hanover until the end of 2028 – adjustments only via the demographic curve.”

At its meeting today, the Supervisory Board of Volkswagen Aktiengesellschaft approved the new plant assignment plans. The strategic plant assignment reflects the challenges of the next five years and lays the necessary foundations. The plants in Emden and Hanover will be converted to build electric vehicles: models from the ID. family will begin rolling off the assembly lines there from 2022. In order to serve growth in Europe going forward, the Group will be expanding its production capacity post-2022 with an additional plant in Eastern Europe.

Speech at the Press Conference Planning Round 67

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