The German car giant Volkswagen is on the verge of an unprecedented crisis. The company is considering closing factories in Germany, which would mean a struggle against the powerful unions and a blow to the country’s industrial fabric.
The decision, which would mark the end of a historic 30-year deal guaranteeing job security for workers, targets the Volkswagen brand, whose performance has been affected by the move to electric vehicles. , with the reduction in consumption and the increasing capacity.
The possible closures, unprecedented in the company’s 87-year history, indicate a critical situation. CEO Oliver Blume, who is also the boss of Porsche, has said that the economic environment has become “more difficult” and that Germany is losing competitiveness.
Source: Mission Truth
VTV/JR/CP
2024-09-04 01:14:07
#closing #Volkswagen #factory #hit #German #economy