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Germany

Why Is Volkswagen Struggling? Why Is The Proposed Factory & Job Cuts A Big Deal In Germany?

The move comes amidst the mounting pressure that European carmakers are facing from Asian automobile manufacturers, especially Chinese Electric Vehicle makers

By: News18
  • Oct 01 2024
  • 2
  • 344 Views
Why Is Volkswagen Struggling? Why Is The Proposed Factory & Job Cuts A Big Deal In Germany?
Why Is Volkswagen Struggling?
In its 87-year history, Europe’s automobile giant Volkswagen (VW) is considering shutting down some factories in Germany followed by ending a decades-old agreement that protected workers from layoffs.
The move comes amidst the mounting pressure that ... [5140 chars]

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