So still profitable. Still profitable to the tune of near โฌ7 billion. Oh no!
50,000 jobs go bye bye because line no go up
Capitalism is an amazing system
this post was submitted on 10 Mar 2026
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Well, the workers did the job the way the executives decided... So obviously their livelihood should be taken away while the execs get bonuses!
No worries.
They just found 6 mrd. โฌ the other month and wanted to pay dividends to shareholders and give a bonus to the management.
mrd ??
mrd. = Milliarden = billion
A billion is called a milliarde and abbreviated mrd., md. or mia. in different countries.
The amercian-english billion substituted the milliarde in e.g. finance speak, but isn't dead, yet. E.g. there is still the british-english milliard.
We should just use SI-prefixes with currencies, so we're talking about 6 Gโฌ here, or six gigaeuros.
so we're talking about 6 Gโฌ here, or six gigaeuros.
I'm so behind this concept.
๐
Nice i can measure my bank account in Nanoeuros then ;)
Transition to EV is expensive, and doubling the product line having both ICE and EV is also expensive.
On top of that competition is very tough with new competition from China.
So all things considered, I think they are meeting the challenges pretty well.
VW is the most sold EV brand in EU, and their MEB platform sold though many other VW group brands dominate EV's in EU with more than 50% marketshare!
The cars are praised for their quality in several aspects, so it's not like they have degraded on quality like Stelantis brands have done to keep up profitability. So I think VW is in a good place long term.
It's going to be interesting to see how their new EVs to be released this year are going to perform. I think something like the T-Cross ID and smaller EVs could really hit a nerve if pricing is OK and the issues around gas prices would prolong throughout this year. I hope people get fed up and start to see advantages of EV and every new model, no matter which brand, could help with this.
For many EV just has no advantages.
It's nice if you have a loading station at home or at work that you can use... public loading is more expensive and you have to do something during loading time... and there are still not many fast loading stations, at least not where i'm living. And every loading stations has a fucking different provider, so you have 10 apps on your phone...
Dunno, I find it hard to forget them cheating on the pollution tests.
I agree - in the long term they might endure but they have to adapt and overcome their own tardiness this far.