German local councils warn of economic impact from VW plant closures

NAMPA / DPA

2024-10-30

Berlin (dpa) - The impact of the crisis at Germany's auto giant, Volkswagen, which plans to close plants and cut jobs, could have severe consequences for the municipalities that depend on the company's employment, a municipal association told a German tabloid. "The news that VW is planning massive job cuts and closing plants in Germany is not only a drastic blow to local communities but also an alarming signal for Germany as a business location,"......

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