Volkswagen Has Created About 123,000 New Jobs Since 2007

Monday, December 30, 2013

Since 2007, the workforce of the Volkswagen Group has grown by about 248,000 employees, representing a rise of 76 percent. This increase includes 123,000 new jobs created throughout the world and around 125,000 employees of companies newly integrated into the Group. As of the end of 2013 (figures for Nov. 30), the Volkswagen Group has about 573,000 employees, including some 260,000 in Germany. This is more than ever before.

“Volkswagen continues to be successful," said Dr. Horst Neumann, ,member of the Board of Management of Volkswagen Aktiengesellschaft responsible for Human Resources.  "Our cars make customers enthusiastic and this success is also reflected by employment.  The number of employees has grown strongly over the past six years. At the same time, we have also significantly improved our productivity and earnings.”

In 2007, when the Group adopted its Strategy 2018 with a new management team, the Volkswagen Group had around 325,000 employees throughout the world. Some 573,000 people now work for the Group. This increase of 248,000 employees includes about 123,000 newly created jobs, almost 44,000 of them in Germany.  One hundred twenty-five thousand employees came to the Group with Scania, MAN, and Porsche Holding Salzburg, as well as Porsche AG and Ducati.

“The Volkswagen Group is a strong and reliable motor for employment in Germany and Europe as well as throughout the world," said Dr. Neumann.  "Management and employee representative bodies have successfully integrated the new employees and the new brands in the Volkswagen family. This is a respectable achievement.

“Volkswagen offers all employees individual support, secure jobs and good remuneration. Surveys confirm that we are among Germany’s top employers. We are investing strongly in our junior staff and safeguarding the future-oriented nature of the Group. In future, Volkswagen will continue to offer performance-oriented young people outstanding career entry and development opportunities,” Dr. Neumann emphasized. 

As of the end of November, the Volkswagen Group employed about 260,000 people (end of 2012: 249,000) in Germany alone, with the brands Audi, MAN, Porsche, Volkswagen Passenger Cars, Volkswagen Commercial Vehicles and Volkswagen Financial Services AG.

Throughout the world, about 573,000 people (end of 2012: 550,000) were employed by the Group.

CBL Closes Long-Term Fixed-Rate Loan Secured By Ambassador Town Center

CBL & Associates Properties, Inc. on Thursday announced that it closed on a non-recourse $47.7 million loan secured by Ambassador Town Center in Lafayette, La. The seven-year loan bears a fixed interest rate of 3.22 percent and was provided by a new institutional lender. Proceeds from the loan were primarily used to retire the existing construction loans with an aggregate balance ... (click for more)

First Tennessee Bank Presents $50,000 Check To Ancla Insurance And Services

First Tennessee Bank’s Chattanooga Community Development Manager Tracee Smith and Cleveland Community President Mike Griffin presented Ancla Insurance and Services President Beth Underwood with a check in the amount of $50,000 at First Tennessee’s downtown office. The funds donated by First Tennessee will be used to enhance Ancla’s onsite computer lab and build on its lifestyle ... (click for more)

Darrel Eric Chapman, 49, Dies In Red Bank Home Destroyed By Fire; Case Ruled Arson/Suicide

Darrel Eric Chapman, 49,  died in a house fire in Red Bank early Friday morning after the homeowner said he was awakened by popping sounds. Red Bank Police Chief Tim Christol said the case is being considered an arson/suicide. He said, " At approximately 12:30 a.m., the Red Bank Fire and Police departments responded to a residential fire at 604 Bitsy Lane where they discovered ... (click for more)

Attorney Gets Misdemeanor Plea In 2nd Case Involving Sexually Harassing Waitress

A Chattanooga attorney who was charged for the second time with sexually harassing a waitress has pleaded guilty in General Sessions Court to a reduced charge. In the latest case, Charles D. Lawson had been charged with aggravated sexual battery after an incident at a local restaurant involving a waitress. Prosecutor Jason Demastus said Lawson pleaded guilty to the B misdemeanor ... (click for more)

Save Coolidge Park - And Response (2)

Last Monday morning while at work a good friend messaged me concerning a matter that I had not heard anything about dealing with Coolidge Park and its future. Apparently that night the City Council was to read an ordinance that would allow the mayor to start negotiations with the relocation of the Medal of Honor Museum. This ordinance would enable the city to lease approximately ... (click for more)

Roy Exum: Tipping The Preacher

I got an unusual telephone call the other day from someone I love who asked my help in solving one of life’s delicate mysteries. It is a tough question: “How do you tip a preacher?” In the first place, you never tip a preacher. It’s the preacher who gives out the tips, helping to keep you on the straight-and-narrow in your quest to waltz through the Pearly Gates. But there are ... (click for more)