VW Reviews Future of Small-Scale German Plant in Savings Push
- Dresden factory employs some 300 workers making ID.3s
- CEO Blume is seeking to improve returns at main VW brand
VW ID.3 electric automobiles on the final assembly line at the automaker's factory in Dresden.
Photographer: Liesa Johannssen-Koppitz/BloombergThis article is for subscribers only.
Volkswagen AG may downsize a small plant in Eastern Germany as part of a drive to cut costs and increase profit at the company’s namesake mass-market brand.
Ending production at the Gläserne Manufaktur in Dresden is one of several options under consideration though no final decision has been made, according to two people familiar with the plans, who asked not to be named during ongoing discussions. The site, which employs roughly 300 full-time workers that make electric ID.3 models, was originally set up as a showcase facility under VW’s late former Chief Executive Officer Ferdinand Piech.