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Volkswagen's crisis: How can Europe's car industry survive?

Deutsche Welle Wednesday, 18 September 2024 ()
While Volkswagen and other European automakers are considering closing factories, Chinese rivals are searching for production sites on the continent. What's going wrong in Europe?
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More job cuts on the way as German economy struggles to recover [Video]

More job cuts on the way as German economy struggles to recover

After the news that Europe's largest car producer VW may close two plants, experts are sounding the alarm that the downsizing of manufacturing isn't just limited to the car industry. The German Institute for Economic Research (DIW) says companies need to evolve.

Credit: euronews (in English)    Duration: 02:29Published
Volkswagen workers blast management amid potential plant closures [Video]

Volkswagen workers blast management amid potential plant closures

The Volkswagen works council criticised the executive board for suggesting plant closures and threatening job security, as Volkswagen's Chief Financial Officer says the company may not survive the transition to electric cars unless it cuts costs.

Credit: euronews (in English)    Duration: 01:57Published

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Volkswagen crisis: How can Europe's auto industry survive?

 While VW and other European automakers are considering closing factories, new competition from China is searching for production sites on the continent. What's...
Deutsche Welle