‘Seas Have Gotten Very Rough’: Historic Automaker Weighs First Plant Closure Ever As China Encroaches On EV Market
Volkswagen (VW) AG is considering closing factories in Germany as European automakers struggle to compete with Chinese electric vehicle (EV) makers. The company has never closed a German factory in its 87-year history but is now considering its options as it faces slowing car sales in Europe and tough competition from Chinese electric vehicle maker […]