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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 84350 
Subject: VW is paying the Green Piper
Date: 06/26/26 4:57 PM
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Years of external mandates along with tariffs and price-dumped Chinese vehicles are now taking their toll. As observers are putting it in europe, they're having to sell their silverware to keep the lights one:

X (Twitter): CNBC on X: "Volkswagen plans to cut 15% of its workforce and close four German plants, report says https://t.co/bDYEO4dkMz" / X


CNBC
@CNBC
Volkswagen plans to cut 15% of its workforce and close four German plants, report says


cnbc.com - Volkswagen vw job cuts autos germany

Auto giant Volkswagen
is planning to cut 100,000 jobs and end production at four German plants over the coming years, according to a report from Manager Magazin, in a move that would represent the most radical overhaul in the firm’s 89-year history.

The plan, reported on Friday, would see Europe’s largest automobile manufacturer shed roughly 15% of its workforce as it seeks to counter intensifying competition from Chinese car brands.


Any relief on the mandate front?
X (Twitter): Pavel Ryska on X: "V Německu se nezpomaluje, ale zrychluje úpadek autoprůmyslu a postupná deindustrializace. Před 5
This is the direct consequence of brutal regulatory pressure and interventions by the EU and national governments into production, into the models a company is allowed to sell, into electricity prices, labor costs, international trade, etc. The private sector can withstand a lot of interventions, but not this deadly cocktail.

Nope.
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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