VW brand aims for $3 billion in savings on 'leaner' production
HAMBURG -- Volkswagen Group's VW brand aims to increase its efficiency and sees potential savings in"The plants must become faster, leaner and more efficient," production manager Andreas Tostmann said on Thursday.Tostmann said processes would be streamlined to cut the amount of money that is spent per car in production.The brand targets a 30 percent increase in productivity worldwide by 2025 compared to 2018.VW also plans to reduce investments by 1.5 billion euros with measures such as reusing existing machinery and standardizing production, he said.
Herbert Diess, CEO of both VW Group and the VW brand, earlier this year revealed plans to increase worldwide productivity by 30 percent by 2025. In this time frame, Diess plans to lift margins to 6 percent from 5 percent.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Next VW will connect 5 million new cars through Microsoft cloud
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
