Tag: Car industry in crisis

Volkswagen set to close three German plants and cut thousands of jobs

Posted on October 28, 2024 by thenewsaffair.com

Further negotiations are planned between Volkswagen and union leaders on Wednesday. ADVERTISEMENT Volkswagen’s management wants to close at least three plants, cut tens of thousands of jobs, and also slash….

opinion

Why are carmakers pleading for a respite from EU climate policy?

Posted on October 1, 2024 by thenewsaffair.com

The head of the European Automobile Manufacturers’ Association explains why the industry faces multi-billion euro fines next year when stricter CO2 emissions limits kick in ADVERTISEMENT Sales of electric vehicles….