Bill would require audit of automakers’ China ties, U.S.-Canada tariff tensions escalates, Volkswagen plans 100,000 job cuts
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.3 Articles
3 Articles
German Automaker Volkswagen Agrees to 100,000 Job Cuts and Streamlined Model Production
Volkswagen is a case study in self-destruction as a result of EU ‘climate’ politics and German auto company decision-making. The decision to chase climate policy created European legislation that set quotas, limits and fines on automakers who did not shift to electric vehicles. German automakers then chose to purchase carbon credits from China, who then […]
Drafting / Canton Group The Volkswagen announced a restructuring plan involving up to 100,000 layoffs and a 50% reduction in its model portfolio; the bill seeks to face Chinese car pressure and tariffs. The council approved the review unanimously and the market reacted upwards after the announcement. European Union.
Bill would require audit of automakers’ China ties, U.S.-Canada tariff tensions escalates, Volkswagen plans 100,000 job cuts
Top Stories Bill would force federal audit of automakers’ ties to China. Read More U.S.-Canada trade tensions deepen as tariff dispute threatens auto sector. Read More Volkswagen approves plan to cut 100,000 jobs and slash model lineup. Read More Tesla launches Cybercabs in Austin, NHTSA takes notice. Read More Featured interviews Lamborghini celebrates 60 Years of the Miura with a special Revuelto Monterey Car Week is where automotive history…
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