Profits are in a decent squeeze because the world’s second largest carmaker battles with fierce competitors in China, the billion euro value of switching to electrical car manufacturing, a stagnant European economic system, Donald Trump’s tariff conflict and excessive labour prices in Germany. The FT’s Frankfurt correspondent Patricia Nilsson appears on the unprecedented challenges going through Germany’s main industrial firm, and what it means for the way forward for European manufacturing
#volkswagen #evs #electricvehicle #germany #autos #trump #trumptariffs #us #china #europe #euro #europeaneconomy #vehicles
00:00 – Introduction
01:25 – Crisis
04:15 – Workers v managers
06:19 – Unique possession
07:43 – History
09:53 – Wolfsburg at coronary heart
11:38 – Electric problem
15:36 – Politics and software program
18:12 – China problem
25:20 – Europe stagnates
26:47 – US and tariffs
28:40 – German factories
30:34 – New electrical fashions
31:55 – China future
32:57 – VW and the longer term
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