‘A very serious situation’: Volkswagen could close plants in Germany for the first time in history

[justoffal]

https://www.cnn.com/2024/09/02/investing/volkswagen-factory-closure-germany/index.html

Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.

In a statement Monday, the German automaker, one of the world’s biggest car companies, said that it could not rule out plant closures its home country. Other measures to “future-proof” the company include trying to terminate an employment protection agreement with labor unions, which has been in place since 1994.

“The European automotive industry is in a very demanding and serious situation,” said Volkswagen Group CEO Oliver Blume. “The economic environment became even tougher, and new competitors are entering the European market. Germany in particular as a manufacturing location is falling further behind in terms of competitiveness.

Volkswagen, which embarked on a €10 billion ($11.1 billion) cost-cutting effort late last year, is losing market share in China, its single biggest market. In the first half of the year, deliveries to customers in that country slipped 7% on the same period in 2023. Group operating profit tumbled 11.4% to €10.1 billion ($11.2 billion).

The lackluster performance in China comes as the company loses out to local EV brands, notably BYD, which also pose an increasing threat to its business in Europe.




20% of the German economy is automotive. This will be unbelievably bad for them given their in-country parts sourcing.

Germany/Europe - Allow Chinese products to flood their country (for reasons, I'm sure).

Germany/Europe - Well, time to lay people off.

Also Germany/Europe - Hey wait a minute how come the "far right" are winning elections?

Meh, welcome to the 70s in the US, at least we got well-built Jap. rides.....The only down side was the bodies were made of recycled steel Black Label beer cans.

I keep trying to emphasize how important it is to have a tariff system to avoid having man-hour Gargantuans like China bleed into an economy that cannot match it man hour for man hour. This is not brain surgery.... This is a very simple form of mathematical equation that you don't need a PhD in an economics to understand.

 

[Polishprince]

UAW is a lot more efficient at taking down auto manufacturers than they were in the past.

It took decades to rip down Studebaker and AMC and decimate GM and Ford.

But they are right on top of it since they took over VW not that many months ago.

 

[luiza]

Volkswagen? Who is Volkswagen?

Inanimate items are preceded by the the interrogative pronoun , What , Bingbangawa.

Your answer is -- the preferred 500 c.c. car that low grade Nazis like yourself drive . I assume that your Mummy has stopped you riding your tri-cycle . You looked so stupid .

 

[justoffal]

Inanimate items are preceded by the the interrogative pronoun , What , Bingbangawa.

Your answer is -- the preferred 500 c.c. car that low grade Nazis like yourself drive . I assume that your Mummy has stopped you riding your tri-cycle . You looked so stupid .

He has a Mummy?

 

[zaangalewa]

Inanimate items are preceded by the the interrogative pronoun , What , Bingbangawa.

And I asked "Who is Volkswagen?" or with other words "Who made all the stupid decisions Volkswagen did do?" and "How important is Volkswagen at all?" and also "Why makes the automobile industries in general and specially also the European Union so often wrong decisions in case of cars"? and I also ask myselve since Corona why nearly no one changed the own opinion in context of private and public transport. And I ask myselve why politicians try to realize an Utopia in case of traffic - as for example to get totally control over every car? Why not to go step by step as evolution always did do? Why to go into a direction where machines and machine minded men will rule? We are on our own able to solve all problems which are able to be solved with machines. This are easily solvable problems. We need to learn to solve the problems which are not solvable with a machine mind.

Your answer is -- the preferred 500 c.c. car that low grade Nazis like yourself drive . I assume that your Mummy has stopped you riding your tri-cycle . You looked so stupid .

Today is the first of Advent so let me seriosly warn you that everyone who calls me a Nazi is far from anything what is intuition in this world here and far from contact with spirituality in whatever form of sane spirituality. Or with other words: You are in danger to go to hell and to take everyone with you into your hell who not fights you. Try to find a better way to live and to let live if you love yourselve, slave of Putin. Freedom is perhaps more dangerous than to live like a slave and to speak like a slave - but freedom is also much more fun and sometimes some people have really very good ideas if they do not bind themselve and others down to their future hells.

 

[luiza]

And I asked "Who is Volkswagen?" or with other words "Who made all the stupid decisions Volkswagen did do?" and "How important is Volkswagen at all?" and also "Why makes the automobile industries in general and specially also the European Union so often wrong decisions in case of cars"? and I also ask myselve since Corona why nearly no one changed the own opinion in context of private and public transport. And I ask myselve why politicians try to realize an Utopia in case of traffic - as for example to get totally control over every car? Why not to go step by step as evolution always did do? Why to go into a direction where machines and machine minded men will rule? We are on our own able to solve all problems which are able to be solved with machines. This are easily solvable problems. We need to learn to solve the problems which are not solvable with a machine mind.



Today is the first of Advent so let me seriosly warn you that everyone who calls me a Nazi is far from anything what is intuition in this world here and far from contact with spirituality in whatever form of sane spirituality. Or with other words: You are in danger to go to hell and to take everyone with you into your hell who not fights you. Try to find a better way to live and to let live if you love yourselve, slave of Putin. Freedom is perhaps more dangerous than to live like a slave and to speak like a slave - but freedom is also much more fun and sometimes some people have really very good ideas if they do not bind themselve and others down to their future hells.

Why do you waste your time churning out reams of gobbledygook?
You Nazis get so preoccupied over details that you lose sight of reality .

Naturally you are bitter and resentful that your car industries have lost out so badly to the Japanese and you still cannot accept how the Russians battered you into submission on the Eastern front .
But at least you now better understand how to use Pronouns when you refere to inanimate entities, and now specifically know how to use,What, rather than , Who .

 

[Deplorable Yankee]

They better not fuck up audi

 

[zaangalewa]

Why do you waste your time churning out reams of gobbledygook?

Eh?

You Nazis get so preoccupied over details that you lose sight of reality .

Slave of Putin, your are the Sowiet-Nazi in our conversation.

Naturally you are bitter and resentful that your car industries have lost out so badly to the Japanese and you still cannot accept how the Russians battered you into submission on the Eastern front .

By the way. Why did you never use your "private" Chechnyan jihadist-like army after you had integrated your "private" Nazi army directly into your fake-red army? And why do you lose now against the jihadists in Syria? Why is Putin really doing this stupid, senseless and criminal war on Europe and mass-murdering Ukrainians, who are the parent nation of all Slaws? What for heaven sake is worth what are doing the unscroupulous superidiot Vladimir Putin and his criminal gang?

But at least you now better understand how to use Pronouns when you refere to inanimate entities, and now specifically know how to use,What, rather than , Who .

Hmm ... To work for Putin makes stupid, isn't it?

 

[Ringo]

Record losses for the European car industry in the last quarter

Volkswagen's profits fell 64%,
Audi down 91%,
BMW down 84%,
Mercedes down 54%.

And there's nothing surprising here. Because Scholz is a cuckold

 

[zaangalewa]

Record losses for the European car industry in the last quarter

Volkswagen's profits fell 64%,
Audi down 91%,
BMW down 84%,
Mercedes down 54%.

Chinese problems, I guess. Audi, BMW and Mercedes are by the way the three best car producers in the world.

And there's nothing surprising here. Because Scholz is a cuckold

Chancellor Olaf Scholz is what? ... ¿Ein gehörnter Ehemann? ... Do you like to say this idiot is married? ... You are right - indeed he is married. ... His wife is a nice woman. ... So perhaps he has a side which I underestimated. His wife is having an affair? With whom? The next chancellor of Germany in February 2025?

Oh by the way, Russian. Do you think it would be a good idea when chancellor Scholz would give the order to kill Putin before the next elections in February 2025? And by the way: Is Putin married or does he have a male harem full of KGB-criminals who he lets fuck mutually every day three times?

 

[Deadstick]

Record losses for the European car industry in the last quarter

Volkswagen's profits fell 64%,
Audi down 91%,
BMW down 84%,
Mercedes down 54%.

And there's nothing surprising here. Because Scholz is a cuckold

That's what happens when a Country prostitutes itself to the Reich, they dmage their own economy for the sake of another Country, they deserve it.