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Volkswagen warns Germany's car-making industry is in jeopardy

Volkswagen warns Germany's car-making industry is in jeopardy
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To display this content from YouTube, you must enable advertisement tracking and audience measurement. One of your browser extensions seems to be blocking the video player from loading. To watch this content, you may need to disable it on this site. Volkswagen warns Germany's car-making industry is in jeopardy Europe Issued on: Share 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.
Volkswagen (ORG) Germany (LOCATION) YouTube (ORG) Europe (LOCATION) German (ORG) Oliver Blume (PERSON) Chinese (ORG)
Originally published by France 24 Read original →