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Volkswagen CEO Warns of Critical Situation for German Auto Industry
The CEO of Volkswagen has issued a stark warning, stating that the situation for the German car-making industry is critical and in jeopardy.
24 Aug, 06:32 — 24 Aug, 10:19
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Moderate (46/100)3 sources25/33
Spectrum spread— 2/5 buckets covered8/33
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Left (2)
France 24dnevnik-bg
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hurriyet-daily
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Geographic diversity— 3 regions13/34
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France 24High1h ago
Volkswagen warns Germany's car-making industry is in jeopardy
The CEO of the German car-making group Volkswagen is warning that the situation at the company is "more than critical". Oliver Blume is saying that ahead of meetings with the car giant's staff. He says Volkswagen and the rest of Germany's car industry are facing "the biggest upheaval in their history" due to global headwinds and Chinese competition.
By FRANCE24
Read full article →hurriyet-dailyMixed4h ago
VW chief warns carmaker's situation 'more than critical'
Volkswagen's CEO has warned the company was in a "more than critical" state ahead of meetings with the car giant's staff where he will defend the company's savings plans.
Read full article →Coverage Timeline
First report: hurriyet-daily · 24 Aug, 06:32|Full coverage: 3 · 4h|Window: 4h
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