VOLKSWAGEN EYES GERMAN PLANT CLOSURES, 40,000 JOBS AT RISK AS CHINESE AUTOMAKERS GAIN GROUND
Thu 09 July 2026: Volkswagen is preparing a sweeping restructuring that could shut down production at multiple German factories, putting about 40,000 jobs at risk, media reported Thursday. Citing sources on the company’s supervisory board, the weekly Der Spiegel said CEO Oliver Blume intends to end vehicle production at the Zwickau and Emden plants within […]
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