Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Volkswagen plans to cut 50,000 German jobs by 2030, adopting China’s industrial strategy to cut costs and boost EV competitiveness.

flag Volkswagen CEO Oliver Blume says German automakers should adopt China’s disciplined, strategic industrial approach amid intense competition and rising costs. flag He reiterated plans to cut 50,000 jobs in Germany by 2030 to address high labor and energy expenses, regulatory pressures, and declining export competitiveness. flag The restructuring aims to shift from centralized production to localized manufacturing, improve cost control, and boost competitiveness in the global electric vehicle market.

12 Articles