Volkswagen Crisis: Germany’s Auto Giant Considers Defence Production Amid Restructuring
Volkswagen is facing a deepening crisis, with profitability falling, high costs mounting and German plants under pressure. As the automaker looks for alternatives to plant closures, one surprising option is emerging: converting parts of its factories for defence production. Can Volkswagen cut costs, expand EVs and catch up with Chinese rivals?
#Volkswagen #Germany #AutoIndustry #ElectricVehicles #DefenceIndustry #China #EVs
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