Scandal emission testing conducted Volkswagen (VW) seriously affected the financial manufacturer based in Wolfsburg, Germany, it is. VW called promotion activities in 2016 will freeze because they have set aside large funds as costs arising dai scandal emissions. best looking cars UK
A report in the German business magazine, quoted by Reuters, Sunday (25/10/2015) mentions needs extra funds to pay for car repairs that allegedly dragged scandal emission testing it reached 30 billion euros, or about Rp 450 trillion.
"In fact, in the process of production of the latest generation VW Golf, VW will use old components as an effort to save up to hundreds of millions of euros," said a source in the company's internal.
Previously, this manufacturer has budgeted 6.5 billion euros, or around Rp 97.5 trillion as standby fund for costs arising from the emission scandal. However, it turns out, these funds swell up to 30 billion euros, or around Rp 450 trillion. best looking cars US.
A number of analysts calling, VW has reported an operating loss of 3.5 billion euros, or around Rp 52.5 trillion during the third quarter. Several factors - the cost of repairing the car that allegedly dragged scandal emissions testing and operational losses - that is the basic policy to freeze the promotional activities.
However, the Chairman of the Executive Board of VW, Bernd Osterloh, rejected the idea to freeze promotional activities. According to him, the policy is symbolic, and manufacturers are expected to provide a clear statement of policy that has to do with cost saving measures, especially concerning the payment of bonuses to workers.
Only, VW declined to comment on reports that have been called the VW Group will cut its investment in VW division as it will bear the cost of repairing the car that allegedly terkiat scandal emissions. The German business magazine also mentions, VW will mengelurakan the repair costs while protecting its luxury brands, namely Audi and Porsche from the crisis. best looking cars images
Audi itself states would continue to provide business plans that have been established, including recruiting new employees in 2018. Even earlier, the Head of Personnel of this manufacturer, Thomas Sigi, quoted by the newspaper Heilbronner Stimme agrees the news.
"We're sticking with the strategic growth plans and continued to recruit new employees as planned," he said.