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VW secures Zwickau plant: Good news despite chip crisis!
Zwickau: Volkswagen is securing the future of production and new jobs while the chip crisis and energy prices are weighing on the industry.
VW secures Zwickau plant: Good news despite chip crisis!
The automotive industry is currently facing major challenges, but there are also positive developments. China is planning to relax the export ban on semiconductors from Nexperia. This could mean an important step towards easing the strained supply chains that are particularly putting strain on the German automotive industry. The Federal Ministry of Economics is already talking about a slight easing in the situation, which brings hope for stability.
People at the Volkswagen plant in Zwickau are optimistic. Despite the ongoing chip crisis, the carmaker has announced that there will be no production downtimes in the coming week. This was confirmed as vehicle production at the German locations is secured for the coming days. Even the subsidiaries Audi and Porsche can continue as planned, which ZDF sees as a good sign for the entire industry.
Future and innovation at VW
VW boss Oliver Blume has secured the future of the Zwickau plant until the end of the decade. Although the company will stop its ID.3 production in the Transparent Factory in Dresden at the end of the year, the factory will continue to be used as a delivery and research center. A concept for the future of the factory will be presented by the works council and IG Metall in the coming days.
For the Saxon state government, the chip crisis is a key topic in the talks in Brussels. The focus is on the dependencies on Asian and American suppliers as well as the need to strengthen innovative strength in Europe. Saxony's economics minister pushed for a stronger industrial development in order to better overcome such crises in the future. The Tagesschau also reports on a crisis meeting in the Ministry of Economic Affairs, during which the need for action was recognized.
New jobs and investments
One bright spot is the new aircraft factory from Deutscher Aircraft at Leipzig/Halle Airport. With an investment of 100 million euros, up to 48 D328eco aircraft will be produced here per year. The start of production is scheduled for 2026, and the first machines are expected to roll off the production line in 2027. This project will not only expand the aviation industry's portfolio, but also create 250 to 350 new jobs - a true boost for the region, starting with a core workforce of 50 employees by the end of 2025.
In addition, [Sächsische.de](https://www.saechsische.de/wirtschaft/regional/blick-in-neues- Flugzeug-werk-vw-chef-zur-zukunft-in-zwickau-energiepreise-senken-inflation-7UKM4HHJ4ZDYNO4QBS5AWWC4T4.html?outputType=valid_amp) reported on the new ownership structure of the Hansazentrum in Dresden-Neustadt. Norkon GmbH and 25H Capital Management from Leipzig and Luxembourg acquired the 27,000 square meter complex, although the purchase price was not disclosed. A new operator for the NH hotel is also being sought.
The positive economic climate is also reflected in Saxony's falling inflation rate, which was 2.1 percent in October, due to the reduced energy prices. This is a positive sign that not only relieves the burden on the economy, but also on the population.
The path to the future of Saxon industry could be promising despite the current challenges. The upcoming talks in Brussels and the investments in new technologies and jobs are steps in the right direction.