TU-TESL

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According to Reuters, Andreas tostmann, director of passenger car brand production, said Volkswagen would continue to work to improve production efficiency and said that the production efficiency of German factories needed to adapt to overseas business. Volkswagen Group started the project of optimizing efficiency and reducing cost in 2018. Since this year, Volkswagen has realized cost saving of more than 500 million euros (about 4 billion yuan). According to the plan, from 2019 to 2023, Volkswagen can save about 2 billion euros (about 16 billion euros) in personnel, procurement and non material indirect costs. Several German automakers, including Volkswagen Group brands, have announced thousands of job cuts to cope with the severe challenge of a 5% drop in global car sales this year, which is likely to continue into 2020. "Volkswagen's factories abroad are improving more quickly," tosman said. In Germany, despite all our successes, we have to do better. " On the basis of automatic production, tostman hopes to achieve cost savings through a series of measures, including streamlining logistics and transportation. "The goal is to reduce production space by 15%, logistics vehicles by 60%, and products that can be delivered by 20%," tosman said in an interview. In an uncertain global economic environment, the public must strictly control its spending to be fully prepared for all possible challenges, including automation and electrification. According to the newly announced strategy for the next five years, the Volkswagen Group plans to invest 60 billion euros in the field of electric travel and digitalization from 2020 to 2024, including 33 billion euros in the field of electric mobile travel, and the remaining 27 billion euros in the field of hybrid power and digitalization. Herbert diess, chief executive of Volkswagen Group, said that given the deteriorating economic situation, efforts were needed to improve productivity, efficiency and cost base, while increasing investment in electrification for transformation. By 2025, the labor productivity of all production bases of Volkswagen Group should be improved by at least 30%. In order to achieve this goal, there are now as many as 220 measures in practice. Audi announced last month that it would cut up to 9500 jobs by 2025, or 10.6% of its workforce. The move is to free up billions of euros for the transformation to electric vehicle production.