The Sum of the Parts

The Sum of the Parts

Volkswagen plays catch up with Fiat and other competitors by combining all the company’s parts makers under one roof. Workers assemble an electric car at ta VW factory in Dresden, Germany. Source: Reuters Electric cars have a long list of components that are different from parts in cars with internal combustion engines, such as a need for batteries and electric motors and not needing transmissions. Facing a transition to more electric vehicles in the next decade, carmakers are preparing by spinning off their parts manufacturers, allowing them to move jobs out of high-wage locations like Europe. Volkswagen is the […]