'A declaration of bankruptcy': Unions lash out as Volkswagen weighs possible German plant closures
Publishing timestamp: 2024-09-04 11:42:23
Summary
Volkswagen's management and workers are at odds over potential plant closures in Germany as the company faces financial challenges. The CEO emphasizes the need for joint responsibility to improve profitability, while workers protest against potential job cuts and factory closures. The situation reflects broader challenges in the German auto industry.
Sentiment: MIXED
Tickers: VOW3-DE,
Keywords: germany, business news, automobile manufacturing, business, autos, volkswagen ag,