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Volkswagen Mulls Closing German Car Factories for the First Time in Its 87-Year History

autoevolution Tuesday, 3 September 2024 ()
Volkswagen Group's problems deepen as the German carmaker is now mulling closing one of its large car plants and one component factory in Germany to save more money at its core Volkswagen brand. If this happens, it would be the first factory closure in Germany during the company's 87-year history. However, the unions are fiercely fighting the plans, and Volkswagen brand chief Thomas Schaefer described the situation as "extremely tense."&... (continue reading...)
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