Today in Germany: A Roundup of the Latest News on Wednesday
Volkswagen will repurpose its Dresden plant into a research hub for AI, robotics, and chip design, retaining about 230 jobs to address tech competition and supply risks.
7 Articles
7 Articles
Volkswagen closed its first plant in Germany yesterday. It is the iconic Gläserne Manufaktur of Dresden, the glass factory from which the Volkswagen Group wanted to show...
For the first time in its 88-year history, Volkswagen has permanently ceased car production at one of its German plants. The Dresden site, a victim of the automotive sector crisis, will be repurposed as a research center.
Volkswagen Closes First German Plant in 88-Year History
Volkswagen has officially halted vehicle manufacturing at its famous “Transparent Factory” in Dresden. Talks of plant closures were confirmed over a year ago for Volkswagen and now the first German factory has been shut down. The closure of the Dresden production line signals a significant shift for the German automotive giant as it grapples with severe macroeconomic challenges and intense cash flow pressure. The decision follows a “triple whamm…
Volkswagen To End Production At German Plant, a First In Company History
An anonymous reader quotes a report from the New York Times: The last vehicle will roll off the assembly line at Volkswagen's plant in Dresden, Germany, on Tuesday, marking the first time in the automaker's 88-year history that it has closed a plant in its home country. Volkswagen warned of potential production cuts last year, as it faced shaky demand in Europe and China, its biggest market, as well as higher tariffs that have crimped sales in t…
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