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German car industry warns of job collapse unless ‘bold decisions’ made to address Chinese threat (www.theguardian.com)
submitted 4 months ago by to c/world
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cross-posted from : https://lemmy.zip/post/67657166

Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.

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[–] 2 points 4 months ago

Oh get bent.

German car industry rose on cheap reliable cars from the 60s. From 2000, they just started making expensive douchevaggons that only got more expensive and less reliable.

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