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.
I think you’re forgetting about Tesla. Long before China was the competitor Tesla was kicking European carmakers’ asses and they were not even interested in responding. They ignored EV for about a decade and then when EU tried to push them by banning ICE cars they fought against it. Yes, is China beating them now but they made it really easy for them.