The head of Volkswagen, Oliver Blume, told Bild am Sonntag that he wants to avoid closing plants, proposing smarter solutions. Meanwhile, the plants in Zwickau, Emden, Neckarsulm and Hannover remain at risk, with around 40,000 jobs involved.
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Daimler Truck CEO Karin Rådström sees the competitiveness of the European commercial vehicle industry as acutely threatened by existing EU CO2 regulation. She calls for a reality check and more time for the ramp-up of electromobility, since only two percent of heavy trucks in Europe were electric in 2025.
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China's state-driven industrial policy is intensifying competitive pressure on key German sectors from chemicals and pharmaceuticals to the automotive industry. The EU is preparing new trade instruments, but the balancing act between market presence and protecting domestic production remains contentious.
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Volkswagen CEO Oliver Blume said in an interview with Bild am Sonntag that there are «smarter solutions» than closing German factories. The company is undergoing a deep restructuring that could affect more than 100,000 jobs worldwide and four plants in Germany.
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