Bloomberg: Plant closures threaten the entire EU auto industry

added article Business

2024-09-11 13:54:57 -

Volkswagen (VW)'s plans to close its factories in Germany for the first time in history are only the beginning of a large-scale shake-up that awaits the entire EU auto industry, writes Bloomberg. According to industry experts, there are more than 30 unprofitable car industries in the EU, including not only VW enterprises, but also factories of many other companies, including Stellantis and...

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