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'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.