Business · Companies · 2 hrs ago

VW’s Bratislava factory faces uncertainty but may gain new models

VW’s Bratislava factory faces uncertainty but may gain new models

Volkswagen’s large factory in Bratislava, Slovakia, makes cars for Volkswagen, Audi, Skoda and Porsche.

It recently opened a modern production line for the Porsche Cayenne, which can build petrol, hybrid and electric versions.

Volkswagen is selling fewer cars and is under pressure to cut costs, raising concerns about jobs and factories.

The company may move Cayenne production to Leipzig, Germany, though the change is not confirmed.

The Bratislava factory could instead gain production of other models, including electric cars, as Volkswagen reorganizes its European plants.

Volkswagen is also joining a battery factory project in southern Slovakia.

These decisions matter because the car industry is a major part of Slovakia’s economy and supports many workers and suppliers.

What people are saying

In the whole process of optimization at Volkswagen, I see a chance that more models will come to Slovakia. Because the VW factory here is very flexible.
Pavol Prepiakrepresentative of the Slovak Automotive Industry Associationvia Tagesschau
The Volkswagen model worked well for decades. The lower-cost locations abroad, with lower labour costs, have in a way subsidized this German model.
Monika Martiskovalabour market expertvia Tagesschau
About ten percent of Slovakia’s gross domestic product is generated by the automotive industry. It employs more than 100,000 people directly and more than 200,000 indirectly.
Radovan Duranaanalyst at the INESS think tankvia Tagesschau

Sources

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