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.
Volkswagen was a state funded company until the sixties ¯\_(ツ)_/¯.
New factories, battery research and stuff like that are heavily subsidized for German car makers as well.
Maybe China is subsidizing more, but maybe that only speaks for sound economic decisions in China, like
A. they have the money, apparently
B. they subsidize future technologies instead of fabulating about e-fuels and whatnot.