VW’s CEO Booed as 100,000 Workers Go on Strike: What’s Happening?

[@Twitchguy]

Volkswagens problem is the same as Nissans. Volkswagen was known for cheap reliable easy to maintain cars that ran forever. Now they’re overpriced breaking down constantly impossible to repair economically and even if you baby them & maintain them like a brand new collector car they don’t last nearly as long as they use to. People can’t afford Volkswagen anymore so they’re not buying em & just like all the other car companies the prices of the cars are bloated by greedy management at the top raking 6 figure salaries and 7 seven figure bonuses year after year

[@JhonnyCash-z8u]

You also should talk about vertical integration currently BYD is 80%

[@theexplanator]

I'll look into that. thanks for the suggestion!

[@TeunSegers]

Brussels is in Belgium, not Germany. It is not VW's "home turf". How can you be "The Explanator" when you don't even know that the de facto capital of Europe is not in Germany!?

[@theexplanator]

You’re absolutely right, and I really appreciate you pointing this out. Brussels is indeed in Belgium, not Germany, and I misspoke in the script when I referred to it as Volkswagen’s "home turf." My intention was to highlight the significance of the Audi plant closure in Brussels and its impact on VW's operations, but I could’ve been clearer. I value accuracy, and I’ll be more mindful in future videos to ensure details like this are spot on. Thanks again for taking the time to call this out-it helps me improve and deliver better content. Feel free to share any other thoughts you have!

[@olly7248]

EVs… next question

[@bruceketcheson4877]

The OP doesnt seem to understand business, the shareholders require a return, this isnt a government program. The union was complicit with driving wages so high they are not sustainable, they can't blame management for that. Workers need to realize things have changed, the high paid low skill jobs they hold aren't sustainable either, mandating a 10% raise and job security in the German sites is just ridiculous, jobs will be lost and thats that. As for Management, unless those roles post public compensation, beyond the few officers roles, always pointing to the CEO compensation is a waste of time. The CEO is paid market rate, and that won't change.

[@chrislim7976]

Volkswagen is actually owned by a combination of the German government (Lower Saxony) the Porsche family and shareholders. It's ownership structure is unique. You don't seem to specifically understand Volkswagen Auto Group.