Volkswagen Considers Closing German Factories | VW's Job Security Program | News9 Live

Volkswagen is contemplating closing factories in Germany for the first time, highlighting the intense pressure the European auto giant is facing from inexpensive Asian competitors. This potential move represents a major test for CEO Oliver Blume, who is known for his consensus-building approach compared to his more confrontational predecessor, Herbert Diess. The company is evaluating the closure of one major vehicle plant and one component factory in Germany, a decision that has met with 'fierce resistance' from the works council. Additionally, Volkswagen announced plans to end its job security program, which has been in place since 1994 and was designed to prevent job cuts until 2029. The company stated that all potential measures, including factory closures, will be thoroughly discussed with the works council.
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Cheap energy for factories is not available because russian gas pipeline was damaged

[stefan]

The VW ID7 is the first good EV. All previous ID models are overpriced crap.