Volkswagen is facing a crisis. Often considered a symbol of Germany’s industrial power, it’s now reckoning with a difficult transition to electric vehicles, among other issues. And now, management is considering breaking a long-held taboo: closing German factories. Patricia Nilsson, the FT’s Frankfurt correspondent, heads to VW’s headquarters in Wolfsburg to examine the fallout and what’s next.
Clips from Bloomberg, DW News, CNN
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For further reading:
For European carmakers, EVs are a Catch-22
Why Volkswagen is seeking to break the taboo of closing German plants
VW audit of Xinjiang plant failed to meet international standards
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On X, follow Patricia Nilsson (@patricianilsson) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more.