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Volkswagen will group its component factories into a new division

The German automotive group Volkswagen will group all its component factories into a new division in which some 80,000 people will work.

Frankfurt (Germany), Oct 11 (EFE) .- The German automotive group Volkswagen will group all its component factories into a new division in which about 80,000 people.

The Volkswagen Group reported today that the new division will bring together some 56 factories around the world for gearboxes, engines and chassis.

German company wants to improve the efficiency of the components business and advance electric mobility.

The Volkswagen group had already said a year ago that it would reorient the components, in which factories so far were within each brand, and make it one of the largest in the world.

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