Volkswagen Considers Factory Closures in Germany | Auto Industry Challenges | News9

After Volkswagen evaluated the possibility of closing factories in Germany, marking a major shift for the European automotive giant, Director of the Center of Automotive Management, Stefan Bratzel, has described the development as a 'major wake-up call', reflecting the broader challenges confronting Europe's top carmaker. This potential move highlights the intense competitive pressure Volkswagen faces from Asian car manufacturers.
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