Volkswagen considers 4 factory closures, 1 lakh job cuts amid China competition, tariff pressure: Report
The logo of German car manufacturer Volkswagen is pictured at Volkswagen’s transparent factory in Dresden, Germany, on May 14, 2025. (AP-Photo) Volkswagen is considering closing four factories in Germany and increasing planned job cuts to as many as 1,00,000 (1 lakh) in what could become the biggest restructuring in the company’s history as the automaker…


