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Spending big in Navarra
VOLKSWAGEN intends to spend more than €1 billion on electric vehicle production at its Landaben (Navarra) plant.
The future Volkswagen ID.2 and a Skoda urban crossover will be built there, thanks to what the regional president Maria Chivite described as the region’s greatestever investment.
Visiting the VW headquarters in Wolfsburg (Germany) on February 14, Chivite met Christian Vollemer, who heads the Production and Logistics department, and Michael Hobusch, president of Volkswagen Navarra.
All coincided during the meeting on their desire to maintain the present “very good” level of cooperation between Volkswagen and Navarra regarding transformation, training and environmental measures.
“It’s crucial that we all row in the same direction, especially in a time of change,” Hobusch said, while Chivite stressed Volkswagen’s importance to the region of Navarra.
The regional president also drew attention to the need to work together on the electrification project, while both underlined the group’s “positive evolution” in the region, which confirmed that the “future was assured.”
Addressing the regional parliament on her return,
ELIMINATING Saturday letter deliveries would save Royal Mail hundreds of millions of pounds in its battle to curb soaring losses. The Universal Service Obligation (USO) requires Royal Mail to deliver letters six days a week although a 2020 Ofcom report found that fiveday letter deliveries would meet the needs of 97 per cent of users.
The group could save £250 million (€282.1 million) annually by abandoning Saturday deliveries, helping to slash projected losses of between £350 million and £450 million (€506.2 million and €393.7 million) by more than half.
Good news
ORGANIC pearl company Majorica, which filed for bankruptcy in 2020, has emerged from administration.
Chivite said Volkswagen’s investment was a vote of confidence in Navarra’s worth, capacities and potential, together with guaranteed future employment and activity.
“This is great news for the community, the company, its employees and the automotive industry,” she said.
