Volkswagen Considers Factory Closures

Independentng | 05-09-2024 07:50am |

Germany’s manufacturing industry is facing a critical juncture as Volkswagen and Intel weigh significant operational changes. Volkswagen, a cornerstone of Germany’s automotive sector, is contemplating closing several of its German plants for the first time in its 87-year history. This potential move, aimed at reducing €10 billion in costs, could result in substantial job losses. [...]

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