VW cuts costs by eliminating free Porsche company cars for about 200 executives. The decision is met with lawsuits and protests from affected employees. Audi vehicles may become the new premium option for downgraded executives. Company cars are a nice treat for employees, especially if they come from a premium brand. Unfortunately for high-ranked officials at Volkswagen, they can no longer have a free Porsche delivered on their driveway as part of the group-wide cost-cutting measures.
The decision reportedly impacts over 200 senior Volkswagen group employees in Wolfsburg, potentially saving the brand millions of dollars annually. However, Porsche managers and board members still have the privilege of driving company cars from the esteemed Stuttgart brand. After all, these individuals are pivotal in shaping Porsche's future and should experience its products firsthand.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CARandDRIVER - 🏆 576. / 51 Read more »