Volkswagen shutting German plants: Car manufacturer axing tens of thousands of jobs

Europe's largest car manufacturer, Volkswagen, is planning to shut at least three factories in Germany and lay-off tens of thousands of workers.
The German car maker has been facing pressure from weakening demand in Europe and intense competition in China, which has stepped up its vehicle production in recent years.

Al Jazeera’s Step Vaessen reports from Berlin, Germany.

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[carsandme]

Now they need to go to Israel and beg for their money back cuz they gona need it

[RollerGuideX]

remember that gas line you guys helped US divers blow up? 🤣🤣🤣

[championt]

Germany in the wrong side of history again

[oceanwave]

If you watch the news in the last few years, you realize that a perfect storm is coming to Germany. I won't say large-scale deindustrialization WILL happen in Germany, but this is so more possible than ever. Another aspect rarely acknowledged on their medias: Yes, their industry is getting their house in order (e.g. cut cost, more subsidy, etc.), but by the time they're ready again (5 years from now), they find out that the non-west world has already a new "norm": Chinese products, e.g. EV, machinery, everywhere... The good old "economic of scale" of European industry probably won't come again.

[ahmedxr]

Another one bites the Dust.
Europe back to the Stone Age.
It's the final countdown.

[WaheedAli-ex]

Side with evil and this what happens. Free free Palestine 💪🏽

[W.shaikh]

I bought mobile phone 1+ chinise company and now preparing to buy car of any chinies sake of Palestine I shifting from west to china.❤❤❤

[BIBIWCICC]

I hear BMW is also suffering from the BDS campaign! 61% profit drop! Well done to everyone putting pressure on the German government!

[johnpaul]

Its China's fault we failed to keep up with times

[DrewIsThatYou]

What does it matter if profits are less. All the costs are covered. Now they want to sacrifice workers. Shareholders should just take less dividends 🤦🏽‍♂️

[SonamBashi]

The dragon is biting back with the teeth you paid for.

[NaliniS-yv]

German economy got blown up along with nord stream

[carsandme]

That means tens of thousands of people going to end up homeless. Tut tut. Germany is probably going to end up like America with a homeless problem

[angelachanelhuang]

there's work probably available elsewhere

[CK-joim]

Biden said it in your face, "I will blow Nord stream pipeline", and that clown (Scholz) smiled.🤣🤣🤣🤣🤣🤣🤣🤣

[abdangembe]

The price Germany is paying now for supporting the Ukraine Russia war.
Soon, Mr. Zelensky will come to ask for more money to fund his victory plan.

[hertzvador]

The Germans mocked Elon for many years. Well…

[wasuminda]

My name is wasu minda iam Automotive engineering msc graduated from university and 10 years working experience by mechanic position so i need join in that campaign ?

[shagulhammed]

US baked all' western countries economics total finished 😂😂😂😂

[Jon-hi]

At least they are still living in a democracy, unlike the people of Gaza