EconomyCould Volkswagen's crunch week decide Germany's auto future?

Volkswagen management is meeting angry workers this week over an unprecedented restructuring drive that could eliminate up to 100,000 jobs and put several German factories at risk. The company faces pressure from Chinese rivals, the shift to electric vehicles, high costs and overcapacity, while unions say communication of the plans has been “disastrous.” CEO Oliver Blume calls VW’s condition “more than critical.”

VolkswagenGerman auto industryrestructuringjob cuts

DDW★★★☆☆2026-08-25 13:57Original