Volkswagen may close its factories in Germany for the first time in history

️Volkswagen may close its factories in Germany for the first time in history Germany as a place to do business is increasingly lagging behind in terms of competitiveness, — admitted the company’s CEO Oliver Blume. Volkswagen is considering the idea of ​​closing two large factories, as well as canceling wage agreements, Bloomberg reports. In this way, the company wants to reduce its costs, but this could lead to a serious clash with trade unions. In addition, the closure of factories will once again show the problems in German industry, which will deal a new blow to the Scholz government. Source: Cyberspec News