Volkswagen Plans to Add 50,000 Workers by 2018
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Europe's largest automaker sees room for growth, though most is overseas. The conglomerate of car companies is looking to add 50,000 employees to its workforce by 2018, the same year they hope to become the biggest car company in the world.
OF the current 550,000 employees they have right now, 300,000 are outside Germany. The trend will continue, as most of the new jobs will be added in China, Russia and India. Volkswagen is also going to act a few thousand jobs at Chattanooga, Tennessee, in order to build a seven-seater crossover within the next couple of years.
“Given the slump in sales we’re seeing in Europe, we need to look carefully at the areas in which we boost staff numbers,” Bernd Osterloh, VW Chairman of the General and Group Works Council told German business daily Handelsblatt.
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comments written so far
On 3 April 2013 at 08:14 UTC, Charlie R. said:
Well done to the writer of this article. I get so fed up with hearing nothing but doom and gloom for Europe, when in fact the smart companies are doing rather well. Admittedly most of them appear to be German, such as Schaeffler and Continental both joining VW in paying out good bonuses to their employees and it has to be said that, in part, their success is due to expanding or opening factories throughout the world, not just in China, Russia and India, but also in Hungary and the US to name but a few, which has allowed them to offset profit/loss throughout the globe. In fact I read recently that Schaeffler have just announced a 4% increase from 2012 - no mean feat given the current clime. I personnally look forward with optimism to 2013.
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