Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.
Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.
This! Our industry is far too dependent on the car market. Car ownership is going down and people don’t need to buy new cars all the time. The market is saturated. When I look around, everybody is driving a relatively new car that won’t have to be replaced for years. It’s just not a growth industry - and by the love of god, it shouldn’t be one.
Germany could explore other ways of making money such as tourism and film making. Encouraging foreign students to study in Germany would bring tuition money.
Or simply other technologies. Instead of cars, heat pumps and ACs, both in high demand. Electrolysers for converting excess renewable energy into H2. Electric bikes. Electronic chips. Drones. Whatever.
Yes.