VW says German workers are unproductive: managers giveup $300M in salary

แชร์
ฝัง
  • เผยแพร่เมื่อ 17 ม.ค. 2025

ความคิดเห็น • 231

  • @electricviking
    @electricviking  3 ชั่วโมงที่ผ่านมา +2

    Click here to get a free charger and installation when pre-ordering the G6
    xpeng.com.au/?qr=726XPO
    The best solar company in Australia just installed my new solar system.
    Check them out here:
    www.resinc.com.au/electricviking

  • @thethirdman225
    @thethirdman225 5 ชั่วโมงที่ผ่านมา +61

    Management refuses to see what’s been in front of them for a decade. Blames workers for being overpaid and unproductive.
    Where have I heard this before?
    If you fail to plan, you plan to fail.

    • @unconventionalideas5683
      @unconventionalideas5683 4 ชั่วโมงที่ผ่านมา +8

      In Germany they are unproductive, because of a lack of automation at VW's German factories, which are indeed very outdated.

    • @robertimrie3710
      @robertimrie3710 4 ชั่วโมงที่ผ่านมา +3

      I'm surprised they haven't fired all the robots, or maybe I'm not.
      It definitely looks like a management blame game to me. I have always had the impression Germans are proud of the products they make. If you want to get people offside start by devaluing their contribution.

    • @thethirdman225
      @thethirdman225 4 ชั่วโมงที่ผ่านมา +2

      @ The unions haven’t helped. But that situation could have been so much different had managers accepted the future instead of watching their share portfolios. People talk about managing change but very few companies are capable of doing it. Workers who feel valued are productive and motivated and they can be the best asset the company has. In Germany workers are included in decision making but they seem not to be taken seriously. That said, layoffs were inevitable. But VW could have avoided the pain of getting rid of tens of thousands at a time by better planning and attrition management over a long period, while concentrating on developing a plan.
      It might also have seen them remain viable.

    • @tabottietjen3186
      @tabottietjen3186 4 ชั่วโมงที่ผ่านมา +4

      Herbert Diess was right but the Porsche family refused to listen.

    • @camsmith4047
      @camsmith4047 4 ชั่วโมงที่ผ่านมา +4

      Unions

  • @sun-man
    @sun-man 4 ชั่วโมงที่ผ่านมา +58

    "They don't work hard enough" means "They don't work cheap enough", according to my Translatormatic 3000.

    • @yezih2694
      @yezih2694 4 ชั่วโมงที่ผ่านมา +5

      How can a human work harder and cheaper than a robot?

    • @Chicago48
      @Chicago48 3 ชั่วโมงที่ผ่านมา +1

      If working 3 days a week is the tradeoff, then it sounds reasonable.

    • @muhammadaliclay8976
      @muhammadaliclay8976 3 ชั่วโมงที่ผ่านมา

      @@yezih2694 if they could replace that worker with a robot,they would have done it already..

    • @komisiantikorupsikoruptord6257
      @komisiantikorupsikoruptord6257 3 ชั่วโมงที่ผ่านมา

      ​@@yezih2694For those who want a comparison in 2023.
      CEO stellantis annual salary = $39,5 Million
      CEO VW annual salary = $14,7 Million
      Meanwhile in communist China 🇨🇳
      CEO BYD annual salary = $900 Thousand
      CEO SAIC ( Which is the largest state-owned car company) annual salary = $500 Thousand

    • @ouethojlkjn
      @ouethojlkjn 19 นาทีที่ผ่านมา

      Hard enough is just a management copout. A bad workman always blames his tools.

  • @user-ggyy34wsk575
    @user-ggyy34wsk575 3 ชั่วโมงที่ผ่านมา +27

    A few years ago we visited Yosemite, we met a young couple from Germany. They told me that they had 6 week paid vaction days when they first started to wok after college. That was a full month more paid vacation days compared to my meager 2 weeks when I started working. I was puzzled and wondered if their efficiency was really that high. Now it looks like their good times are over.

    • @komisiantikorupsikoruptord6257
      @komisiantikorupsikoruptord6257 3 ชั่วโมงที่ผ่านมา +11

      For those who want a comparison in 2023.
      CEO stellantis annual salary = $39,5 Million
      CEO VW annual salary = $14,7 Million
      Meanwhile in communist China 🇨🇳
      CEO BYD annual salary = $900 Thousand
      CEO SAIC ( Which is the largest state-owned car company) annual salary = $500 Thousand

    • @boterberg278
      @boterberg278 3 ชั่วโมงที่ผ่านมา +1

      @@komisiantikorupsikoruptord6257 Both waaaaaaaay overpayed.

    • @boterberg278
      @boterberg278 2 ชั่วโมงที่ผ่านมา +4

      6 Weeks are OK, but a 28hr workweek even better. Why would these managers earn so much anyway. It's not that they are productive.
      These "higher" echelons are basically overhead. Why are they payed such ridiculous amounts of money ?
      The common man has to work harder and longer so they can even grab more ?

    • @opensprings
      @opensprings 2 ชั่วโมงที่ผ่านมา

      @@boterberg278 I agree. I would take a 28hr workweek over the vacation time. You can keep the 6 weeks vacation.

    • @zes7215
      @zes7215 2 ชั่วโมงที่ผ่านมา

      @@komisiantikorupsikoruptord6257 They are briberies to keep the pension fund managed by private funds like Blackrock (also the shareholders)

  • @co40517
    @co40517 ชั่วโมงที่ผ่านมา +8

    Having lived 3/4 of my live in Germany there are 2 main factors
    - lack of willingness to adopt new technologies
    - very high social and income tax
    If a new technology may reduce the number of workers, it is quite often not deployed because “jobs must be saved”
    With a very high level of taxes, working for your living has become more of a hobby because the net income is quite often in the same ballpark as those who enjoy life on Bürgergeld - newest incarnation of socialism.

  • @b4804514
    @b4804514 5 ชั่วโมงที่ผ่านมา +13

    Going down slowly and will never recover. VW management doesn't know what it doesn't know.

  • @MichaelEllyett
    @MichaelEllyett 4 ชั่วโมงที่ผ่านมา +16

    My impression, having German workers in the past, is that German unionised workers have a sense of entitlement that doesn’t exist in a lot of places. They think they are entitled to a job, entitled to work as hard as they feel like working, and they obstinate and offer truculent when asked to change.
    In mechanical engineering that requires only incremental improvement and craftsmanship they are amongst the best. At software and rapid innovation their rigidity of thinking and rule based dogmatism counts against them.
    They clearly have the ICE engines for a hundred year+ In sectors like consumer electronics, software, media and entertainment they are weak. Modern vehicles increasingly require skills associated with the latter.

    • @davidanderson8469
      @davidanderson8469 3 ชั่วโมงที่ผ่านมา +1

      Sounds like the UAW.

    • @MichaelEllyett
      @MichaelEllyett 2 ชั่วโมงที่ผ่านมา

      My impression from spending a reasonable amount of time in the US, and working with US based colleagues for 4 decades, is that most people don’t feel entitled to a job and really value having one.

    • @ouethojlkjn
      @ouethojlkjn 13 นาทีที่ผ่านมา

      I remember a chilling statement made by Google I think “ young people are going to college to study for a job that won’t exist when they leave” being the finest steam engineer in the world has it’s merits, but if you can’t sell the product, it really doesn’t matter?

  • @ianxyoutube
    @ianxyoutube 3 ชั่วโมงที่ผ่านมา +21

    This will go down like a cup of sick, but .. I am a European who has lived two decades in the Far East (Japan, China, Taiwan, Hk, Korea). The East Asian worker leaves the European in the dust. He works harder, for longer hours, for less money, with fewer demands or complaints, with greater enthusiasm and resilience and with more sense of doing something for his community. There is no contest. The average European worker has no idea how spoilt he is. It is just as well the two groups rarely have to compete head to head.

    • @joergmaass
      @joergmaass 3 ชั่วโมงที่ผ่านมา

      And because the world is so bad and he has it so hard, the German worker elects Nazis (AfD).

    • @Spearit-z6d
      @Spearit-z6d 3 ชั่วโมงที่ผ่านมา +1

      Well when white countries have their culture ruined for decades through mass immigration and getting told their culture was terrible, a lot of white men feel lost. Top that with the countries turning more into an economic zone rather than a nation of people, the will to keep going just for shareholder returns turns them off. Mix that with forced DEI, affirmative action, feminist programs in companies and the education system to, again, hurt the white man, alot of them gave up. Meanwhile china is a homogenous nation, the government invested into infrastructure and education rather than their Elon musk getting more billions, they didn't go to endless wars for "our greatest ally", and instilled national pride in their history and culture in their schools rather than gender studies. They don't complain because they aren't solely working for shareholder returns, they are working for their people, their community. They go to work with like minded who grew up in the same place to achieve a goal. The jews have turned the country into an economic zone where people are simply labor pieces. Culture, history, and meaning have been erased from this nation of people and now the natives feel lost and soulless. There's also an influx in degenerate behavior pushed on kids such as Onlyfans and the like, which China bans. I'm sure that plays a part too.

    • @MichaelEllyett
      @MichaelEllyett ชั่วโมงที่ผ่านมา +2

      This is definitely my experience also. And Americans also work much much harder.

    • @user-pt1ow8hx5l
      @user-pt1ow8hx5l 25 นาทีที่ผ่านมา

      Key point, the one you are making. About some asian working with a greater sense of working for the good of the COMMUNITY!

    • @arjuna3234
      @arjuna3234 22 นาทีที่ผ่านมา

      Not my experience 20 years ago, when I travelled to Korea and Japan for machinery installations. They worked from 7am to 7pm but a lot of time they wasted for smoking and coffee breaks. They had only a sense of obediance, much different from German workers' criticality and creativeness.
      Maybe this has changed meanwhile in both Asia and Europe, in Europe maybe the immigration is a huge problem for motivation and also education effectiveness.

  • @Suburp212
    @Suburp212 2 ชั่วโมงที่ผ่านมา +7

    Yep. Most workers in Germany " make sick" to gain additional vacation days.

    • @ouethojlkjn
      @ouethojlkjn 12 นาทีที่ผ่านมา

      To be fair, my cousin in America did that too. It was just an unspoken rule. But in America, the average worker got just one week vacation a year!

  • @narayanprasad5426
    @narayanprasad5426 4 ชั่วโมงที่ผ่านมา +8

    VW...caught between the rock (lack of exciting products) and a very hard place (unionized workers)!

  • @hartwigrabl413
    @hartwigrabl413 4 ชั่วโมงที่ผ่านมา +6

    Have a look at the docu "The American Factory". It's about a Chinese glass manufacturer opening a factory in America.

  • @unconventionalideas5683
    @unconventionalideas5683 4 ชั่วโมงที่ผ่านมา +15

    German Workers are unproductive because VW's factories in Germany are old fashioned and have very little automation for modern car factories. That is not a German worker problem. That is an automation problem.

    • @jgarbo3541
      @jgarbo3541 4 ชั่วโมงที่ผ่านมา +5

      Not from the vids I've seen here. Workers stroll around, chatter, lounge, no precision or care for the job. Two workers to attach a VW front (plastic?!) grill? Super heavy plastic??

    • @thethirdman225
      @thethirdman225 4 ชั่วโมงที่ผ่านมา +3

      @@unconventionalideas5683 If VW had invested in EVs to a greater degree and rationalised their production a lot sooner we possibly wouldn’t be having this conversation.
      The trouble is they didn’t take EVs seriously enough and didn’t take China seriously enough.

    • @thethirdman225
      @thethirdman225 4 ชั่วโมงที่ผ่านมา +3

      @ Sociologist John Berger famously said, ‘We are as we are addressed.’ If you treat people as a liability they will behave as a liability.

    • @yezih2694
      @yezih2694 4 ชั่วโมงที่ผ่านมา +2

      @@jgarbo3541no matter how hard they work, they can’t compete with robots. The Chinese started to use dark production line which is fully autonomous 4 years ago, they don’t even need to turn on the light. The new era has come, assembly line worker need to retrain for new skills now.

    • @jgarbo3541
      @jgarbo3541 3 ชั่วโมงที่ผ่านมา +3

      @ Didn't answer my point: German workers are lazy compare to Asians - I live there!

  • @charlesvanderhoog7056
    @charlesvanderhoog7056 ชั่วโมงที่ผ่านมา +3

    How about the €1.5 billion in dividends paid to the family members that own VW holding but have not really worked a day in their life? We are back to Roman times.

    • @MichaelEllyett
      @MichaelEllyett 8 นาทีที่ผ่านมา

      Yes, inherited wealth is a scourge

  • @HoopsKevinski.
    @HoopsKevinski. 4 ชั่วโมงที่ผ่านมา +12

    How do you say "Robot stole my job!" &...
    #DeportTheRobots in German?

    • @jgarbo3541
      @jgarbo3541 3 ชั่วโมงที่ผ่านมา +1

      How do you say, "Retrain. Become a robot programmer, technician or maintainer."

    • @HoopsKevinski.
      @HoopsKevinski. 3 ชั่วโมงที่ผ่านมา

      @@jgarbo3541 What Hillary told hillbilly coal miners in 2016. PAID retraining.
      (Reply:🖕).

    • @HoopsKevinski.
      @HoopsKevinski. 3 ชั่วโมงที่ผ่านมา

      @@jgarbo3541 What Hillary told coal miners in 2016.
      (Reply: 🖕).

    • @HoopsKevinski.
      @HoopsKevinski. 2 ชั่วโมงที่ผ่านมา

      @@jgarbo3541 What Hillary told coal miners in 2016.
      (Reply: 🖕).

  • @slimfbiggyansah4295
    @slimfbiggyansah4295 4 ชั่วโมงที่ผ่านมา +7

    Says the person who takes home salaries more than 50% the employees

    • @komisiantikorupsikoruptord6257
      @komisiantikorupsikoruptord6257 3 ชั่วโมงที่ผ่านมา +2

      For those who want a comparison in 2023.
      CEO stellantis annual salary = $39,5 Million
      CEO VW annual salary = $14,7 Million
      Meanwhile in communist China 🇨🇳
      CEO BYD annual salary = $900 Thousand
      CEO SAIC ( Which is the largest state-owned car company) annual salary = $500 Thousand

    • @avgjoe5969
      @avgjoe5969 2 ชั่วโมงที่ผ่านมา

      I have Zero problem with big salaries for top executives, but I expect big brains... not mental midgets. You get what you pay for but if you're not. Fire them. Boards aren't doing their jobs... anyone believe Mary Barra is worth her salary? I think she's a $75k worker pretending to be a $40m dollar mind. Same for much of the car industry. Its not merit. Its politics. Too expensive at Any price.
      Any dish washer can run a car company into the ground.
      I don't celebrate the board that can get a CEO for $900k. I celebrate the board that can get a CEO for $40m that's Worth $40m.

  • @m.3257
    @m.3257 2 ชั่วโมงที่ผ่านมา +2

    It's much too easy to get a Krankschreibung of a physician in Germany. Just call their office, tell them that you have the cold or flu and they will send you the sick note for one week. Salary will be paid 100% during this time. In addition, the VW supervisory board has more employee representatives than employer representatives because of the VW law, where the government has two seats that always vote for the employee side.

  • @crxdelsolsir
    @crxdelsolsir 2 ชั่วโมงที่ผ่านมา +3

    When your migrants are not skills tested and/or low skills tested then your talent pool will reflect that.
    When businesses hire on political policies if DEI from the already poor talent pools in the population you get bad results.
    Low quality inputs = Low quality outputs.

  • @tsbrownie
    @tsbrownie 5 ชั่วโมงที่ผ่านมา +5

    Rule 1: Always make a backup sound track.

    • @robertimrie3710
      @robertimrie3710 4 ชั่วโมงที่ผ่านมา

      ...and drop the stupid looking microphone in frame. People think it makes them look authoritative or whatever. I think it makes you look try hard and amateurish. Is Viking a Mguy wannabe?

  • @amraceway
    @amraceway 5 ชั่วโมงที่ผ่านมา +7

    People with soft hands telling the folk who do the actual work to lift their game.

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      So only people who have rough hands do Actual work.... no.
      History is full of battles fought by great armies lead by idiots who got them killed doing stupid things.
      This is a basic truth.
      Anyone who's worked in Europe and the Far East Knows Asian workers are more productive. That's simple fact. They have a superior work ethic. Imagine arguing a 35 hour work week in China.
      Doesn't excuse failed management.
      Plenty of blame for both.

  • @johnbrown4568
    @johnbrown4568 5 ชั่วโมงที่ผ่านมา +6

    German cars are way too expensive and have inconsistent quality...and the union workers as well as management are not up to par. This is a destructive combination.

    • @zes7215
      @zes7215 2 ชั่วโมงที่ผ่านมา

      wr

  • @charlesvanderhoog7056
    @charlesvanderhoog7056 ชั่วโมงที่ผ่านมา +2

    All this is one huge advertisement for himanoid robots ss shown in CES 2025.

    • @ouethojlkjn
      @ouethojlkjn 6 นาทีที่ผ่านมา

      What if the robot identifies as a she? Or a kitten.? Can’t be a himanoid robot anymore 😊

  • @DannyLe808
    @DannyLe808 46 นาทีที่ผ่านมา +1

    This happen across all western society. When people have enough of necessity, they value QUALITY OF LIFE over quality of work. Therefore, they are not thrive to achieve higher standards. Quiet quitting is the perfect vocabulary for western employees.

  • @alexishart1989
    @alexishart1989 4 ชั่วโมงที่ผ่านมา +15

    All this time, I thought it was because the Chinese were making superior vehicles at a more competitive price. Now I see that it's all because of a bunch of ne'er do well slackers in German factories. Thank you, Volkswagen management, for opening my eyes to the real source of the global car market disruption.

    • @davidanderson8469
      @davidanderson8469 3 ชั่วโมงที่ผ่านมา

      China has a captive workforce. Comply or disappear. No unions or other worker protections.

    • @komisiantikorupsikoruptord6257
      @komisiantikorupsikoruptord6257 3 ชั่วโมงที่ผ่านมา +1

      For those who want a comparison in 2023.
      CEO stellantis annual salary = $39,5 Million
      CEO VW annual salary = $14,7 Million
      Meanwhile in communist China 🇨🇳
      CEO BYD annual salary = $900 Thousand
      CEO SAIC ( Which is the largest state-owned car company) annual salary = $500 Thousand

    • @zes7215
      @zes7215 2 ชั่วโมงที่ผ่านมา

      wr

    • @peterfireflylund
      @peterfireflylund 50 นาทีที่ผ่านมา

      @@komisiantikorupsikoruptord6257if you believe the Chinese CEO salaries are that low then you are very, very naive.

    • @TerryHickey-xt4mf
      @TerryHickey-xt4mf 17 นาทีที่ผ่านมา

      @@zes7215 get lost.

  • @jeffbangkok
    @jeffbangkok 22 นาทีที่ผ่านมา

    I worked for the government when i whip lashed my neck at work in 1988. They found i hadn't filed a daily work report for that day and fired me. Still numbness and pain till this day. There are no safe jobs when the rich get tired of feeding you.

  • @Atheum8
    @Atheum8 ชั่วโมงที่ผ่านมา +3

    Sam
    Agree with you on some things, especially regarding clean-air in our populated cities once we’re fully electric .
    Slightly disagree with you and another issue .
    Once everything in your life & mine is dependent on the electric grid, everything we depend on and everything we do day to day will be collected and can be surveilled via specific MAC address or similar for every electrical appliance or device that we own, where connection to the Internet is part of future operability.
    Unlike going to a petrol station or having natural gas via an old-fashioned gas meter, everything we do and everything we say can be monitored and we can be targeted individually if we stray from government thought and their Davos and their Buildaberg masters
    Davos is coming up this month where hundreds of private jets will be descending upon the Swiss Alps where a group of people that we never voted for will be providing instructions to the Australian government on our commitment to 15 minute cities and a fully surveillant compliant population, of which our full commitment to EV vehicles is but a small part

    • @TerryHickey-xt4mf
      @TerryHickey-xt4mf 9 นาทีที่ผ่านมา

      so big brother will know when my wife calls me and says, do not forget to bring the milk home. Heavy stuff.

  • @dk7863
    @dk7863 4 ชั่วโมงที่ผ่านมา +1

    Sounds nutty and like Japan also insane.🙂
    These people are walking around everywhere!

  • @Krasbin
    @Krasbin 2 ชั่วโมงที่ผ่านมา +1

    Management did not invest enough in worker productivity. That is the correct statement.

    • @avgjoe5969
      @avgjoe5969 2 ชั่วโมงที่ผ่านมา

      Replacing them with robots? No. They didn't.

  • @richardsimms251
    @richardsimms251 4 ชั่วโมงที่ผ่านมา +1

    Very interesting video. Thank you

  • @IanFong-mt4yp
    @IanFong-mt4yp 4 ชั่วโมงที่ผ่านมา +2

    Complacency and greed all around

  • @huibu8987
    @huibu8987 ชั่วโมงที่ผ่านมา +1

    too much buerocracy. people dont have fun at work.
    too much taxation

  • @SMJ-l6r
    @SMJ-l6r 5 ชั่วโมงที่ผ่านมา +2

    I remember another video saying VW workers cost up to $99 an hour and has very high pays. Is that actually accurate of the majority of workers and how much of that is actually money that ends up in worker pockets?

    • @douglaswong6975
      @douglaswong6975 5 ชั่วโมงที่ผ่านมา +1

      Yep, a bugger cost $200 Euro only

  • @bryanmurphy3328
    @bryanmurphy3328 4 ชั่วโมงที่ผ่านมา +3

    It makes sence that when you have no profits then the management is not paid, as their productivity as measured financially is non existant. Productivity per worker is a function of many activities such as design , technology and other factors. The workers are the only ones that do value added activities . Management does not add value to the product.

    • @avgjoe5969
      @avgjoe5969 2 ชั่วโมงที่ผ่านมา +1

      Why don't you start a company with that revelation? All workers, no managers... what could go wrong? HR and Facilities can also go by that logic... and Payroll (paying people does not add value to the car).

    • @bryanmurphy3328
      @bryanmurphy3328 ชั่วโมงที่ผ่านมา +1

      @@avgjoe5969 This is the Logic tool used in to evaluate what adds value to an activity. In the true sense , managers do not add value, only costs. This is a tool to understand the concept of value adding. Yes, you cannot run a company this way , however you can ask for each activity does it add value or not ?

  • @jlamm2223443
    @jlamm2223443 4 ชั่วโมงที่ผ่านมา +2

    I love what Mitt Romney said: "the surest and quickest way to ruin quality is to order a worker to hit a number the worker can't hit". This is so true in the auto industry and I saw a video on VW and why the workers in America voted for a union. A worker sees a defect and wants to pull the car off of the main line and fix the problem, but that kills numbers so the worker force fits things and leaves the problem to the next phase so that it hurts their numbers. The result is a car which was never delayed with serious structural issues which could have been avoided had the first worker that saw it fixed it then. VW will never compete with China labor that makes $3 an hour. It is better to build really quality cars and then charge a tariff on foreign cars so that they can sell. The other option is to do what Australia did and let their car industry die. But it will never be competitive to build cars in Germany.

    • @davidanderson8469
      @davidanderson8469 3 ชั่วโมงที่ผ่านมา +2

      $150K a year for an assembler who can't be fired is the UAW reality.

    • @jlamm2223443
      @jlamm2223443 3 ชั่วโมงที่ผ่านมา

      @@davidanderson8469 I ask co-pilot and the take home pay does not seem nearly that high. I agree there is a balance, though. There are no simple answers.

    • @tedg1609
      @tedg1609 ชั่วโมงที่ผ่านมา

      @@jlamm2223443he’s talking cost TO the employer per employee, not cash going home with worker.

  • @jorgekumagai2672
    @jorgekumagai2672 3 ชั่วโมงที่ผ่านมา +1

    Are they saying that their employees became "Hasta Mañana" workers? 😃

  • @arjuna3234
    @arjuna3234 30 นาทีที่ผ่านมา

    As a german employee you have min. 25 days of vacation, plus a lot of bank holidays, plus 6 weeks of full salery payment by your company when sick, afterwards by health insurance.
    Social security is very good, but as high as taxes and social payments. Anyway good for work life balance, bad for your own income as a worker, as well as for the company.
    I think it was a word of Benjamin Franklin, who said: If you give up freedom for security you will lose both at the end. And this is happening in Germany right now. Time for huge political changes

  • @NonchalantWalrusParty
    @NonchalantWalrusParty 3 ชั่วโมงที่ผ่านมา +2

    The workers should take over the factories. They'd make better cars for cheaper without all the corporate bloat and profit extraction by the rich

    • @avgjoe5969
      @avgjoe5969 2 ชั่วโมงที่ผ่านมา +3

      They did. VW's board has the unions Right there making board decisions. They were the ones that forced out Dietz when he predicted exactly this years ago ... The US govt gave GM mostly to the workers during their chapter 11... how are they doing?

    • @TerryHickey-xt4mf
      @TerryHickey-xt4mf 5 นาทีที่ผ่านมา

      nice in theory, but not in practice.

  • @billwedeking797
    @billwedeking797 4 ชั่วโมงที่ผ่านมา +2

    It's not the workers fault. VW needs to automate like China and Tesla.

  • @sternwho3932
    @sternwho3932 4 ชั่วโมงที่ผ่านมา +2

    There will be no escape from stalag Volkswagen

  • @d.j.wiendels6572
    @d.j.wiendels6572 2 ชั่วโมงที่ผ่านมา +1

    VW Management (read: stakeholders/investers) wanted immediate return on investment. That's why VW was late with full electric car development. Tesla got there first, and they now have enough margin to drop prices, if a competitor gets too much market share, so now the risk for VW is even bigger.

    • @TerryHickey-xt4mf
      @TerryHickey-xt4mf 7 นาทีที่ผ่านมา

      VW take 3 times as long to make a car than Tesla does, says it all really.

  • @duanehorton4680
    @duanehorton4680 4 ชั่วโมงที่ผ่านมา +1

    Give up is two words, not one.

  • @cookingonthego9422
    @cookingonthego9422 14 นาทีที่ผ่านมา

    Everi time i hear a quota i know quality will end up in garbage bin.

  • @jxmai7687
    @jxmai7687 4 ชั่วโมงที่ผ่านมา +1

    The more worker get paid, the more slow they work, believe me.😂

    • @davidanderson8469
      @davidanderson8469 3 ชั่วโมงที่ผ่านมา

      The non-union plants in right to work states are well compensated. A 30yr. retired employee for Honda said he loved going to work. He made a terrific wage, free healthcare and a good 401K retirement with discounted stock options. His employers listened to the workers for suggestions.

  • @JohnSmith-hz7te
    @JohnSmith-hz7te 3 ชั่วโมงที่ผ่านมา +1

    *They have a big metal box*

  • @komisiantikorupsikoruptord6257
    @komisiantikorupsikoruptord6257 3 ชั่วโมงที่ผ่านมา +2

    For those who want a comparison in 2023.
    CEO stellantis annual salary = $39,5 Million
    CEO VW annual salary = $14,7 Million
    Meanwhile in communist China 🇨🇳
    CEO BYD annual salary = $900 Thousand
    CEO SAIC ( Which is the largest state-owned car company) annual salary = $500 Thousand

  • @camsmith4047
    @camsmith4047 4 ชั่วโมงที่ผ่านมา +1

    China works on 996 principle although not sure in the auto industry. VW workers should be working 2 x 28 hour shifts per week (56 hours) focusing on EVs to move the company forward.

  • @georgeorwell7291
    @georgeorwell7291 4 ชั่วโมงที่ผ่านมา +4

    Even more unproductive than the workers are the managers and engineers.... they just sit around in meetings talking about responsibilities and eat cookies. Bunch of posers.

  • @DonnellChester-xd7yg
    @DonnellChester-xd7yg 5 ชั่วโมงที่ผ่านมา +3

    How is 2 days missed from work over a 6 month or 180days excessive, if that's how they quantify absence then they will never accept the attendance rate in a US factory because I guarantee absenteeism is much greater than twice every 180days.Try 1to2 weeks

    • @avgjoe5969
      @avgjoe5969 2 ชั่วโมงที่ผ่านมา +2

      Where did you get those numbers from? They get 6 weeks paid vacation to start vs 2 in the US. In my company 3 weeks after 7 years and 4 after 15. You'd be long dead before you earned 6 weeks. Then the claim was way too much sick leave taken... who said 2 days/6 months? Think you misheard something.

    • @DonnellChester-xd7yg
      @DonnellChester-xd7yg 49 นาทีที่ผ่านมา

      @avgjoe5969 those numbers came from previous video of his speaking about vw employee absence

  • @noosapaul8058
    @noosapaul8058 ชั่วโมงที่ผ่านมา +1

    I wonder have they got mega presses in the factories.
    If not they can't compete.
    Total price of energy to build a car in Germany must have increased a lot making it uncompetitive.

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      I think they are just looking at megapresses... way late in the game.

  • @dougm659
    @dougm659 ชั่วโมงที่ผ่านมา +2

    Blaming low productivity is yet another smokescreen by management….producing sh*t, expensive cars is the problem!

  • @rtzx12570
    @rtzx12570 ชั่วโมงที่ผ่านมา

    Do not forget that in Germany a huge percentage of cars purchased are purchased by companies not individuals. I have seen figures up to 50%+. Worth looking at because that presents a different buy profile. Factors like charging at home does not factor in, neither does cost of operations perhaps. Would also be interesting to see the breakdown of what models are being bought by whom. Companies (tax/expenses write off), individuals and what models relating to income levels. While BMW, Merc, have high end models they to some extent have mass market models or do they? I know Audi and VW do. Different competition with the EV whether Chinese or otherwise. What are the details? These is a detailed approach and it may not be needed as overall indicators may be enough. Much of it strikes me as they are afraid of the mass market (VW/Audi) being taken from them / exposing them for being inefficient ( Audi 22 factories to produce 1.6Mn cars!!).
    If it was a case of labour costs increased or union rules, why didn't they bring in designs and processes more suitable for robotics and mechanisation or insourcing and improvements in processes like the Giga stamping machines, unboxed processes. Sounds like a lot could have been done earlier and wasn't. Shareholders allowed it to. Now they are looking to blame and to find scapegoats and protectionist measures when the surprise that many saw coming hits them. And of all places in Germany where a union member often sits on the board also "did not see it coming". Clearly the union member detached themselves from the company's / industry's primary goal of providing better cheaper cars for the customers in order to guarantee the long term market and remain economically viable in a competitive market (the general purpose of any company in a competitive market).

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      VW CEO Dietz predicted all this and said he would have to cut 30k jobs and streamline operations like Tesla as Tesla could make a car in 10 hours and it took his people 31 hours. He was horrified by this issue and tried to learn from Tesla how to raise their manufacturing game. Musk was all too happy to do so. He also said it would take 10s of billions of dollars to make a transition to EV from ICE.
      He was fired by the owners and union. That was 2022. VW has far more debt and less income now... and the new(ish) CEO recently said the same nearly 3 years later... so the unions struck and demanded 10% more... because reality is optional.

  • @JohnSmith-hz7te
    @JohnSmith-hz7te 3 ชั่วโมงที่ผ่านมา

    *They have a big metal box and ICE from the 1920s*

  • @cannonlove2
    @cannonlove2 5 ชั่วโมงที่ผ่านมา +2

    Work for a German company 100% true

  • @BlairPhillips-y2h
    @BlairPhillips-y2h 4 ชั่วโมงที่ผ่านมา +2

    No their not! VW corporate profits have been and still are extremely high. Don't blame workers or their wages.

  • @mattirae4191
    @mattirae4191 31 นาทีที่ผ่านมา

    3 day working week must be a perfect match for all those who would have had it anyway by reporting sick. This will end up in very inefficient production rising unit costs. Competitiveness lost. Chinese will say thank you for speeding up the decay of European car industry.

  • @Atheum8
    @Atheum8 47 นาทีที่ผ่านมา

    Any thought of the fact that corporations and companies are meant to exist for people , not the other way around?
    Companies and corporations are meant to exist as a means to an end rather than an end in itself.
    Democracies are supposed to manage this balance😊

  • @dougsheldon5560
    @dougsheldon5560 3 ชั่วโมงที่ผ่านมา

    Wait until they see the quality.

  • @datapark9118
    @datapark9118 40 นาทีที่ผ่านมา

    so they want to blame the workers for Managements bad business decisions

  • @winstonwong4942
    @winstonwong4942 3 ชั่วโมงที่ผ่านมา +1

    Should be the managements are not innovative and worse unproductive enough.😂😅😊

    • @avgjoe5969
      @avgjoe5969 2 ชั่วโมงที่ผ่านมา +1

      They both share the blame. Its the unions that axed Deitz when he told them Exactly what would happen. The unions and "management" are both on the board in VW.

  • @JohnGallacher-mw4wb
    @JohnGallacher-mw4wb 4 ชั่วโมงที่ผ่านมา +2

    The .anagement aways blame the workers, where was the latest investment in robotics to keep up with the Chinese competition.
    Where was the tip end R+D.
    The weakest part of German engineering is electronics.

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      ... and the workers always blame management... you forgot that part.
      In the US, dock workers struck to ban automation from taking their jobs. Then they complained about accident rates... because they didn't have automation to handle the dangerous jobs. The union has a major role on VW board.
      Workers and management are Both guilty. Dietz TOLD them Exactly what would happen years ago. They both... both canned him.
      Management has to hire much smarter managers
      Workers have to say goodbye to 35 hour work weeks and hello to 50 hour work weeks. This is the global economy... until robots take the jobs.

  • @Blackbirdz2000
    @Blackbirdz2000 8 นาทีที่ผ่านมา

    well Volkswagen has its legacy, history, German Efficiency and Made in Germany tagline.
    As if these superficial things are gonna last forever.

  • @KB-ks8jv
    @KB-ks8jv 3 ชั่วโมงที่ผ่านมา +3

    Look I work for VW , I feel this everyday…

    • @user-ggyy34wsk575
      @user-ggyy34wsk575 3 ชั่วโมงที่ผ่านมา +1

      I feel sorry for you. Wish you can get another job soon...

  • @tudorcostinciubotariu4872
    @tudorcostinciubotariu4872 ชั่วโมงที่ผ่านมา

    IT can't be that bad. They work 6 days a week in Hannover. That means extra shifts on Saturday. Also people leave every day the company, some retire, other get severace pay and some get fired for different reasons. The China strategy is not that unrealistic, if you take a look at the new Audi A6 elektro.

  • @Alsmithize
    @Alsmithize 24 นาทีที่ผ่านมา

    No accountability

  • @Supernaut2000
    @Supernaut2000 3 ชั่วโมงที่ผ่านมา +1

    Might be too little too late.

  • @DigitizedEyes
    @DigitizedEyes 4 ชั่วโมงที่ผ่านมา +6

    Most Union workers get paid too much for their efforts.

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      In most cases... yes. A worker that can be trained to 80% of vetreran productivity (for a given quality) in 6 months isn't worth one that takes 5 years to get to that level (ex - software developer) or one that requires a doctorate and 4 years of medical training plus 1yr intern and 7 years residency to be called veteran (attending).
      ie - they shouldn't be making the same money.

  • @vijjreddy
    @vijjreddy 4 ชั่วโมงที่ผ่านมา +1

    MAY BE SOME CHANGE WOULD COME IF TESLA START EMPLOYING PRODUCTIVE EUROPEANS... MAY BE FROM CHECH OR SLOVAKIA (BTOH ARE KNOWN FOR SKILLS IN METAL INDUSTRIES)... THEN GERMANS WOULD RISE TO THE COMPETITION...

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา +1

      Or sabotage their factories... oh... wait... that already happened. Blew up a substation and took them offline for a week... parked 900 people outside their plant and rushed the fences...
      ... and No, if you still think they're environmentalists, I have a bridge to sell.

  • @altbinhax
    @altbinhax ชั่วโมงที่ผ่านมา

    What do they have? Superior German style, don't worry about the content, just look at the style.

  • @blarkdexture8899
    @blarkdexture8899 51 นาทีที่ผ่านมา

    The electric Chinese lover (NO Viking)

  • @clarasdk
    @clarasdk 17 นาทีที่ผ่านมา

    ID cars with the large batteri har WLTP ranges of 550km + Please link to the chineese cars with double that range. Because I really want to buy it......

  • @pierredeluca3766
    @pierredeluca3766 2 ชั่วโมงที่ผ่านมา

    Ref: your question; I think Mercedes has the organizational chance and international competitive wherewithal to at least mount a technological counter offensive to the Chinese manufacturers. It will take a bit of time but can be done IMHO. All the other manufacturers under the VW umbrella and especially Porsche need to trim big time and focus on their strengths gained by competitive mercantilism: namely niche retro (see 911 and Beetle). All the VW brands also need to clean up their international financials. To this date it's almost impossible to discern how many cars they actually wholesale versus simply rent and lease. For example as recent as last quarter Porsche announced a big spike of 'retail sales' in the USA and it's rumored it's all basically remaining dealerships logging weekend rentals as 'retail sales' in their main centers vis a vis actual wholesales.

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      They have the ability to change... they simply don't have the will to change... that's the whole problem. This is a generation that can't imagine being hungry. Hope they figure it out before it becomes a reality.

  • @SuperMassman
    @SuperMassman 4 ชั่วโมงที่ผ่านมา

    😂 injuries way up..

  • @senti2175
    @senti2175 3 ชั่วโมงที่ผ่านมา +4

    The real main reason is losing the cheap Russian gas. But they can't say that due to politics so they are blaming other things.
    Which is not to say their aren't other factors but those always existed.
    Here is list of some factors just from top of my head.
    1. They lost the cheap Russian gas.
    2. They weren't aggressive in EV market.
    3. Their biggest market i.e China started making their own cars that competed and in EV case excelled.
    4. They lost the Russian market due to their own sanctions.
    5. Due to trade war against China, all collaborations and investment in China (the biggest car market) became risky.
    6. Due to higher energy costs on top of already employee benefits, making cars in Germany has become too costly to compete.
    7. It's cheaper for Volkswagen to make cars in US (due to lower energy costs on top of tarrifs) than in Germany.
    So yeah the German employee benefits and salaries were always high but that never became an issue till now.
    On other hand in China
    1. Very aggressive on EV tech development and manufacturing.
    2. Vertical integrated industries with everything in house except for oil and gas.
    3. Cheap Russian energy going to Europe is now rerouted to China.
    4. Encouragment from govt to push everyone towards buying EVs.
    These factors along with others have made China a powerhouse. So not only German car industry is feeling the heat but also the Japanese.
    Both of them rely on exports as they don't have their own big market. And both of them rely on energy imports.
    US and Chinese car manufacturers have their own big market. And US has energy while China didn't.
    But since the cheap Rusian gas now coming to China they have that as well.

    • @opensprings
      @opensprings 2 ชั่วโมงที่ผ่านมา +1

      Not completely honest. Even before 2022, when Russia invaded the Donbas, VW was already in trouble. Things were already on track in the current direction. It just accelerated once Russian gas was lost, but it was already headed there.

    • @senti2175
      @senti2175 2 ชั่วโมงที่ผ่านมา

      @opensprings dude it was nothing like this. Car companies always get into trouble. But they get bailed out by the government.
      Now the whole German economy is in trouble. Volkswagen is more in the news because they are the biggest.

  • @AcvaristulLenes
    @AcvaristulLenes ชั่วโมงที่ผ่านมา

    Sounds like a sort of apoptosis: when cells' DNA is messed up, they malfunction (see losing market share). There are genetic pathways that trigger the dieoff of the cell to prevent cancer.
    This suicide mission they embarked in with the slavekeeper attitude reminds me of this apoptosis thing.

    • @avgjoe5969
      @avgjoe5969 59 นาทีที่ผ่านมา

      Think you blew your metaphor somewhere in the bio class.

    • @AcvaristulLenes
      @AcvaristulLenes 31 นาทีที่ผ่านมา

      @@avgjoe5969 Definitely :))

  • @tld8102
    @tld8102 2 ชั่วโมงที่ผ่านมา

    lol. German car factories can't even compete with Japanese and Chinese manufacturing. VW should re-market to a premium customer who understand they are paying for this working culture.

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      They are doing that now and that is why they are shrinking. Top brand Chinese cars are better now for 2/3 the price... better. No one pays more for less because... culture.

  • @cagejones7757
    @cagejones7757 4 ชั่วโมงที่ผ่านมา

    There's something German cars have that others don't - it's made with love... Nah, just kidding, it's made with ego, entitlement and arrogance.

  • @frostcb2
    @frostcb2 ชั่วโมงที่ผ่านมา

    I don’t know who’s the biggest joke Volkswagen or Toyota

  • @NotArtic
    @NotArtic 2 ชั่วโมงที่ผ่านมา

    Dont blame the workers u know how to look at
    Tesla produchen

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา +1

      True. Tesla workers work hard and don't strike. They get stock, they change the world. Every worker is an owner.

  • @joe8188
    @joe8188 4 ชั่วโมงที่ผ่านมา

    Hold on! This guy has nothing to say about German workers! Their working habits were developed in their society over many yrs. They work within their social norm. After 40+ yrs, now their lazy!

    • @mikexhotmail
      @mikexhotmail 3 ชั่วโมงที่ผ่านมา

      "Compared to"

    • @avgjoe5969
      @avgjoe5969 ชั่วโมงที่ผ่านมา

      "Societal norm" 35 hrs/week + 6 weeks starting vac.
      The world doesn't care about "societal norms" in a competitive world.
      There are no participation medals. There is only bankruptcy and success.
      The world changed. 40 years ago was 40 years ago.
      The fossil records are full of failed species that didn't adapt.

  • @J_of_islamic_psychology_Dr_RK
    @J_of_islamic_psychology_Dr_RK 5 ชั่วโมงที่ผ่านมา

    ❤❤❤

  • @FrancoisEustache-ed6gd
    @FrancoisEustache-ed6gd 2 ชั่วโมงที่ผ่านมา +1

    And no one in Germany is allowed to say publicly that Germany car manufacturers were able to compete on the world's market because of the low cost of the Russian fuel that powered their machinery. No cheap fuel anymore means they must cut on the manpower costs to stay in business.

  • @airy790
    @airy790 3 ชั่วโมงที่ผ่านมา +1

    VW have politic card they can use

  • @WilliamFiler
    @WilliamFiler 4 ชั่วโมงที่ผ่านมา

    All industry is under the robot upgrade gun. Effeciency is about to explode, non human labor. The economy sucks, WW, so put he two together, the only way we get back to improved lives is by NESARA/GESARA and that is exactly why it is coming! Only then will things suddenly make sense and everyone will be on a 24 hour work week. Save this post.

  • @RexRecon
    @RexRecon 24 นาทีที่ผ่านมา

    NGL, some of these mike designs are really bad.

  • @OrwellsHousecat
    @OrwellsHousecat 2 ชั่วโมงที่ผ่านมา

    Quit making cars, make drones

  • @im4udevco
    @im4udevco 5 ชั่วโมงที่ผ่านมา

    It’s called Union Fallacy and it’s happening here in the US too. Slowly but surely, it’s coming to the US as well.

  • @johnharcombe9412
    @johnharcombe9412 2 ชั่วโมงที่ผ่านมา

    VW have expensive EV

  • @kamingcloud2880
    @kamingcloud2880 4 ชั่วโมงที่ผ่านมา

    Let hope the Chinese will help restructure the VOLKSWAGEN manufacturing and build better future EVs with better software and affordable prices ?
    😉💖🌬🌊🌞⚡️🔋💯🌏✌️🙏

  • @TinyWorkshop
    @TinyWorkshop 2 ชั่วโมงที่ผ่านมา

    DEI strike again

  • @dougabbott8261
    @dougabbott8261 3 ชั่วโมงที่ผ่านมา

    You can never work fast enough or cheap enough, according to all management and owners

    • @avgjoe5969
      @avgjoe5969 57 นาทีที่ผ่านมา

      You can never pay enough or give enough benefits, according to all unions.

    • @dougabbott8261
      @dougabbott8261 51 นาทีที่ผ่านมา

      @@avgjoe5969 true, and the people that receive that pay and benefits spend it on their families and in their communities.

  • @undertwotimes
    @undertwotimes 3 ชั่วโมงที่ผ่านมา

    How many of the Chinese companies use slave labor?

    • @kamsunleong6648
      @kamsunleong6648 3 ชั่วโมงที่ผ่านมา +1

      Slaves work in the cotton fields. Not in ev factories.

    • @user-ggyy34wsk575
      @user-ggyy34wsk575 3 ชั่วโมงที่ผ่านมา +2

      @@kamsunleong6648 Not true, machines are used nowadays to pick cottons. Much cheaper and faster than human workers.

    • @avgjoe5969
      @avgjoe5969 57 นาทีที่ผ่านมา

      I don't think that argument holds much water anymore.

    • @tedg1609
      @tedg1609 56 นาทีที่ผ่านมา

      Basically none. Scary news: they are not cheating, they are better than us because they work harder.

  • @IbrahimKone-ix4qi
    @IbrahimKone-ix4qi 3 ชั่วโมงที่ผ่านมา

    I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated....

    • @jopolo-x4f
      @jopolo-x4f 3 ชั่วโมงที่ผ่านมา

      As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns..

    • @HaholBarton
      @HaholBarton 3 ชั่วโมงที่ผ่านมา

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

    • @jopolo-x4f
      @jopolo-x4f 3 ชั่วโมงที่ผ่านมา

      I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure.. So I really don't blame people who panic.

    • @HaholBarton
      @HaholBarton 3 ชั่วโมงที่ผ่านมา

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

    • @HaholBarton
      @HaholBarton 3 ชั่วโมงที่ผ่านมา

      look up her name on the web for her website.

  • @thyristo
    @thyristo 4 ชั่วโมงที่ผ่านมา

    I don't worry about workers...because they can work in various other fields...and should learn from Chinese workers...who easily switch jobs.
    I am glad that CEOs and companies don't have that luxury.
    It is the right thing to do to challenge a company through unions so much that this company vanishes for good... especially in the West where government gives a shXt about workers...just like companies do. There lies the difference to countries with Communist governments...that cannot be bribed if they are real communist.