December 2, 2015 / 10:55 AM / 3 years ago

VW owners back job protection in crisis

Wolfgang Porsche, member of the Supervisory board of German car maker Volkswagen, addresses a news conference at the company's headquarters in Wolfburg, Germany October 7, 2015. REUTERS/Axel Schmidt

BERLIN (Reuters) - Volkswagen’s (VOWG_p.DE) controlling families have spoken out in favor of protecting jobs at the embattled carmaker as it struggles to find a way out of its emissions scandals.

“Jobs are a very valuable asset,” Wolfgang Porsche, chairman of family-owned majority shareholder Porsche Automobil Holding SE (PSHG_p.DE), told a gathering of 20,000 workers at VW’s main plant in Wolfsburg on Wednesday.

“This asset mustn’t be squandered,” Porsche said in a statement published by VW’s works council.

Reporting by Andreas Cremer; Editing by Maria Sheahan

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below