Dossier
factory costs
Coverage of factory costs in the Nexus archive.
- Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
Volkswagen CEO Oliver Blume aims to avoid plant closures while cutting costs, citing a 20% reduction in German factory costs last year. The automaker is streamlining its model lineup by up to half as part of a realignment plan amid competition in China.
- China’s next export shock walks on two legs — and costs less than a used car
Beijing is funding humanoid robots to reduce Chinese factory costs and establish a competitive advantage. The robots are positioned as a cost-effective solution, with each unit priced lower than a used car.