VW Takes Away Execs’ Porsche Company Cars To Cut Costs

  • 📰 Carscoop
  • ⏱ Reading Time:
  • 21 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

Porsche News

Reports,VW

If you're a VW manager, chances are you're no longer eligible to enjoy a complimentary Panamera

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 306. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

We Drive Ferry Porsche's 1977 Porsche 911 Turbo Company CarThe first-generation Turbo's bloodlines still inspire Porsches of today.
Source: CARandDRIVER - 🏆 576. / 51 Read more »