Car giant Volkswagen to wind down production at two factories

China could buy factories for foothold in Germany, says source

Volkswagen open to selling to China buyer, says source

This would help Chinese companies sidestep tariffs, but also to keep some of those jobs, I guess.

    • @[email protected]OPEnglish
      5•10 hours ago

      Yea, but I guess Europe is in for a rough century squeezed between China and magaism, who are more likely to agree to dismember it than to let it be the halfway point.

    • @cydEnglish
      0•5 hours ago

      It’s hard to figure out what other course of action they have at this point. VW’s factories in the rest of the world (including in China) have been propping up their loss-making German operations for years; it’s not sustainable.