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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 80399 
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:

https://x.com/CNBC/status/2070470279067767297?ref_...


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


https://www.cnbc.com/2026/06/26/volkswagen-vw-job-...

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?
https://x.com/PavelRyska/status/207044159193263755...
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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