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Volkswagen Faces Critical Challenges Amid EV Transition

The automaker considers plant closures and shorter workweeks as it struggles with market demand and internal tensions.

Volkswagen Chief Warns Brand Has "One, Maybe Two" Years To Get It Together: News
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Overview

  • Volkswagen's union is open to discussing shorter workweeks to avoid plant closures and job losses.
  • The automaker has given itself a tight timeline of one to two years to turn around its EV program.
  • VW's leadership faces backlash from employees over recent strategic decisions and communication.
  • Market conditions and competition from Asian manufacturers are putting additional pressure on Volkswagen's operations.
  • The brand's struggles with its EV lineup reflect broader industry challenges and shifting consumer preferences.