| Volkswagen has announced plans
to restructure manufacturing operations at its Brussels plant. Most important
is the proposal that production of the Golf there will cease; at present
this model is produced in three sites in Western Europe. VW is in talks
with employee representatives to reduce this to two: Mosel and Wolfsburg.
VW has cited issues with market saturation in Western Europe, excess
capacity and limited exports because of the weak dollar.
It is already in the process of executing a severe restructuring of its
facilities in Germany, focusing on the shedding of 20,000 jobs. Further
measures are planned.
The company says that it must address capacity utilisation throughout
all of its plants in the region.
Despite these developments, VW says that it intended to stay at the Brussels
location and urged to all involved to provide it with constructive support
in the light of the difficult environment.”
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