VW denies plans to cut 30,000 jobs | DW News

[@AlejandroPikoulasPlata]

The title should be: GERMANY AUTOMAKERS AREN'T COMPETITIVE ANYMORE

[@herman9255]

DW editor not entirely fluent in English

[@fjdkfdfjdf33]

or "China dumps cars on European market at subsidized prices to destroy the domestic market"

[@schlafcomandanten]

@@fjdkfdfjdf33 Says the oh so trustworthy U S

[@asmirann3636]

@@fjdkfdfjdf33 EU subsidises many industries in Europe. So subsidy is nothing new. The problem is that German car companies got complacent and stopped offering value to the customers. In the meantime China raced ahead. Now these companies don't want to loose to China and this is why they pressure the EU governments to sanction Chinese car imports.

[@anssiluomaranta34]

@@asmirann3636 Competition is not a problem. Problem is trade with totalitarian dictatorships that sooner or later will use our own money to destroy us. We need to end ALL TRADE with dictatorships.

[@jianyang6281]

VW also cut its plant in China, is this a treat from Germany? DW is low, real low.

[@MetaView7]

Also, Why blame China? What about Russia? Why blame China's real estate market? The other automakers are subjected to the same market conditions. I will be blunt. Their consumers are not blind or deaf. They could hear what Baerbock, Scholz and Habeck said about their Xinjiang, and they took offence because they knew it was not true. They don't say much; they vote with their wallet.

[@hermesliteratus882]

@@MetaView7 For politicians and big corporations, when things are not going well, there are always someone else to blame.

[@monobrezel2647]

@@MetaView7why to blame others? In china they are working 6 days and stay at work at least 12 hours… naturally they will have an advantage

[@MetaView7]

@@monobrezel2647 There are videos of BYD and Xiaomi factories on the web. They are mostly robotic. It is too late to sulk, but not too late to take corrective action.

[@MrShaneSunshine]

Make smaller cars!

[@Shambles7698]

Why blame other? Germany Car right now really overpriced. use cheap plastic and have a low reliability not worth to buy.

[@hermesliteratus882]

For politicians and big corporations, when things are not going well, there are always someone else to blame.

[@AkshayKumar-vg2pi]

How much they try germany cant compete with china in price

[@rog4464]

Yeah, the door handles would melt and turn into sticky mess after a few years. That is crazy given the price of the cars.

[@DM_Laf]

Maybe if you cut the salaries of a high ranking CEO it will work for VW

[@prodigiii712]

No it won’t. Cutting salaries of high ranking CEOs have nothing to do with cheap Russian gas and lucrative Chinese market. These are all political decisions.

[@Wiers75q]

Strange! World Trade war is supposed to be reciprocal, which can be also called rebalancing. But It is DW to daily encourage VW to lose the Chinese market. isn't the "decoupling" what DW asked? Why is DW complaining again when everything is going as DW wanted? Or does DW naively think that if EU impose import tariffs, others will have to swallow their anger?

[@sdngy]

it's probably 50 000 job cuts.. they're not lying by any means...😅

[@MarioLopez-qp1bg]

Germany sold its economy to the USA, now is paying the price of the sumission, though it was known it had too

[@Matthew-rp3jf]

You mean sold it to russia/china? Why else do you think they're in this current situation.

[@MarioLopez-qp1bg]

@@Matthew-rp3jf well were Germany growing before? Because they are buying expensive gas now. So from Germany perspective not see your point 🤔 were the Germans layoffs before or now

[@sxe1nuar]

​@MarioLopez-qp1bg according to Scholz paying 400% more for gas isn't that bad for economy 😂

[@rassel9663]

@@Matthew-rp3jf Ask USA to supply cheap gas like russia did then we will see who is the real enemy and friend

[@happymelon7129]

With relatively more expensive energy , EU already lost compete on the starting point.

[@benjaminohloff7819]

Don't support VW, don't subsidise a failing company or its products. Don't throw good money after bad. Help the workers to qualify for a new job, cut red tape, help startups and lower entry barriers for new businesses. This is how we shoúld deal with failing companies.

[@thegreatdane3627]

i agree. VW are not investing in Germany, why should Germany invest in VW? Make space for a new and better German automaker.

[@ivanlukanov6206]

China did not weaken, their cars are becoming simply better

[@DLG24]

What happened to capitalism and the free market, cross border trade?? Oh, it's only meant for Western countries. Got it.

[@icephoenix5466]

Are you a bit slow?

[@fjdkfdfjdf33]

it's called price dumping to gain market share and destroy the local car companies

[@thegreatdane3627]

this is the EU, not the US. Trade has always been regulated here.

[@alpharius_nox]

Did you listen to how many regulations and rules the EU has from the guy being interviewed? The EU is not a very "free market". The "free" in "free market" means "free from government control".

[@nukiolbartes6279]

@@alpharius_noxare bailouts not form of government interference?

[@Tema-k2l]

What is the meaning of threatening? They are better at all levels.

[@jonnyswift992]

Yeah, „better“ means „threaten“ to DW😂😂😂

[@viaccodesign1762]

Problem is not China. Its Europe!

[@xcel5203]

China is a global problem ; ask it's neighbors too .

[@rendezyt]

VW's other competitors are Tesla and the Japanese and Korean cars, not just Chinese EVs

[@Smudgie]

Germany also want to destroy Elon Musk.

[@xcel5203]

But the Chinese are supported and controlled by the Govt - that's where dumping begins.

[@lvjinbin28]

As the mouthpiece of the US government, DW dare not attack US companies

[@hkonhelgesen]

Tesla and the Japanese and Korean cars compete fair and square. With german production in german factories. With german wages to german workers. China dump subsidized cars. With state subsidies, the worlds lowest wages and the worlds biggest CO2 emissions.

[@hkonhelgesen]

@@Smudgie No. They don't. But some far left terrorists do.

[@moosesnWoop]

"How china threatens Germany" Cope more

[@user_zyzymvb]

What about western free market concept when matter against them.

[@DLG24]

Yup, they like playing until they start to lose at their own game.

[@Do-not-be-sheep]

You cannot have free market trade with China when the Chinese government violates every international trade law. There is only one way to deal with China - close the doors.

[@thegreatdane3627]

this is the EU, not the US. Trade has always been regulated here.

[@Do-not-be-sheep]

@@thegreatdane3627 trade between nations with similar labour and environmental laws and who believe in the rule of law is possible. With China it is impossible. A nation that uses slave labour in their manufacturing. That does not respect the environment or technology ownership. You cannot have free trade with china

[@hb9145]

Troll factory comment of the day? I see this everywhere.

[@Tomberculosis-q1i]

Well when you charge $84,000 for a vw jetti, you deserve to fail. German car makers charge more give you less and make shittier cars than ever before. Everything is cheap plastic now. Bmw don't even have dipstick ffs wtf is that nonsense.

[@xcel5203]

For your kind information plastic is ubiquitous- it is used all over the world including aircrafts to reduce weight ; and good quality plastic is not cheap nor is it unsafe . German cars are superior in performance engineering wise in comparison which is why people are ready to pay more .

[@АлексейСмирнов-к4л]

In order not to lose their jobs, workers should agree to reduce their salaries by 30-50%

[@directxxxx71]

See without Russian cheap gas, your Germany are nothing in terms of competition

[@thegreatdane3627]

russian trolls: "please buy our gas, Germany? Pretty please?"...

[@WingkKong]

​@@thegreatdane3627 they are buying from India

[@426dfv]

@@thegreatdane3627 plenty of others are enjoying Russian cheap gas. It's german's lost and india/china gain. And we say Thanks!

[@thegreatdane3627]

@@426dfv so why did Gazprom announce a $7 billion loss in 2023?

[@VMKisselev]

100%

[@philippusgouws7852]

Germany allowed the Americans to blew up nordstream now they pay the price

[@herman9255]

Damned, you got this one ahead of me 😂

[@thegreatdane3627]

nobody cares about nordstream. You russian trolls are sounding like a bitter ex girlfriend. Move on please...

[@mianmian3488]

​@@thegreatdane3627 Right, nobody cares Nordstream. US does not care, Ukraine does not care, EU does not care. Hack even German does not care. Only Russia cares, but who cares.

[@krollpeter]

@@thegreatdane3627 most are happy it's gone

[@jackbleiham8475]

​@@thegreatdane3627we care we really care, there are more with us than with you

[@easwaransanthakumar297]

Germany should focus on Ukraine war instead of competing with China which is near impossible.

[@graymalkin26]

You should be sent to the Ukraine, they could use your fighting spirit.

[@crishhari5903]

No more cheap Russian energy and lucrative, uncompetitive, high margin Chinese market for German auto maker. Go to US and buy expensive energy and with high competition, low margin US market.

[@Cybebe]

Title should be: Get your tests done, China may be your father after all😂😂😂

[@nukiolbartes6279]

China gives subsidies. EU gives bailouts.

[@Tema-k2l]

China's car output exceeded 30.16 million units in 2023, up 11.6 percent year-on-year, and sales exceeded 30.09 million units, up 12 percent. Around 4.12 million German vehicles were produced in 2023. This shows China is running the car manufacturing and market around the world particularity the Global South which is more than 90% of the world.

[@martinc.720]

They'll cut 29,999 jobs and go "See? We didn't cut 30,000 jobs!"

[@IvaTaiwan-u8z]

Vassal state 🇩🇪Germany already collapsed 😂😂😂😂

[@MrWhitmen1981]

They don’t make cars that are cheap and simple. Over engineering. The market wants cars designed like the 90s -2014.

[@fredhearty1762]

How could Lars Halter summarize the situation in China without mentioning China passing 50% new energy vehicle sales?

[@FabioCapela]

Very much this. Sales in China of cars without an electric plug are literally collapsing, while sales of cars with a plug and a large enough battery to have usable electric range are growing by double digits. The car market in China isn't in crisis, it's in upheaval due to a very fast technological transition, one that the vast majority of non-Chinese carmakers didn't prepare for. This is why every automaker that doesn't make good and cheap enough electric cars to compete with the Chinese in their home market is seeing fast (and accelerating) market share loss, while Tesla is managing to hold onto its market share.

[@jogo798]

Cheap mentality won't get you nowhere, learn to innovative or you will end up like kodak

[@jokari69]

This happened before in the '70's. Not fast learners, those Germans.

[@jw-729]

Why are Western countries blame China for their slumping sale when they're also introducing policies to trades with China?

[@hermesliteratus882]

For politicians and big corporations, when things are not going well, there are always someone else to blame, that's their game.

[@rudyalfonsus686]

now you can ask help to uncle sam. didn't you always being a good kid and obey whatever he told you to do? now it's time for you to ask the return, let's see how kind your uncle sam is

[@xcel5203]

German industry never needed US help - they were always superior to the Americans especially in the auto industry .

[@happymelon7129]

With relatively more expensive energy , EU already lost compete on the starting point.

[@thegreatdane3627]

doesn't really matter. Cold war is back on the menu, say goodbye to global trade and cooperation.

[@Dieu_regne]

VW's got plenty of money but wants to keep shareholders happy.

[@ytfanlingeric]

That is true of public listed enterprises.

[@devroombagchus7460]

Another example of short term greed. Just as with cheap gas from Russia. There never is a level playing field with authoritarian states that have power.

[@TheSouth-j7f]

EV will destroy the industry. It will reduce mechanical jobs too as EVs have fewer moving parts.

[@FabioCapela]

Yep. But it is both inevitable and needed. And not just because of emissions; EVs in the long run are much cheaper, so any economy that doesn't transition away from fuel-powered vehicles and embraces all kinds of EVs will be at a self-inflicted competitive disadvantage. China is already at roughly 54% monthly EV market share, and it's electrifying its trains and truck fleet much faster than the rest of the world. It's also lowering its electricity costs by making the cheapest solar panels and wind turbines in the world, and installing almost twice as much renewable capacity as the rest of the world combined, so operating those electric vehicles is getting even cheaper. If the rest of the world doesn't follow through, this will give China one heck of a competitive advantage above and beyond what they already have.

[@ytfanlingeric]

Or, one could say EV is changing the industry. While mechanical job will decrease, electrical and electronic jobs will increase.

[@Legendary070]

@@ytfanlingericalso health care is demanding workers in Europe.

[@eldios831]

You can never deter progress....that's why they called disruptive innovations

[@faterrorism]

German cars have been successful for too long and have lost the motivation to upgrade themselves. Stop complaining, keep making progress, improve competitiveness is the only way to solve the problem.

[@rchatte100]

New VW's are awful due to huge cost cutting to afford the expensive battery. EV bet failing.

[@RodrigoRojasMoraleda]

cover the sun with a finger will not change anything. People in China is buying tons of cars every year, tons of electric cars too. However buy cars from a hostile country is not an option for them

[@Toltolpyawyayin]

This is why I call them Vokia, the brother of Nokia 😂😂😂

[@trivatha]

Nordstream pipeline

[@expatingermany]

Reduce the driving license cost in Germany. People are paying upto €3000-€4000 for a driving license course (including me😢😢). If you make such high expenses to obtain a license, there will be pain in buying a car

[@soundscape26]

Will Temu start selling cars as well?

[@lolcatjunior]

Alabama sells mini evs.

[@glumour3081]

😂😂😂 Another example is the iPhone... in 2023 in Asia, according to Bloomberg, sales of the latest type of iPhone will reach 300 million units, of which 100 million will be in China alone... so if for example Apple goes bankrupt, you have to blame Chinese consumers... that's the analogy🎉🎉🎉

[@jasonong3906]

Blame others but ourselves... What a joke

[@Tema-k2l]

By 1988, Kodak employed over 145,000 workers worldwide. 1996 was the peak year for Kodak. The bankruptcy completely wiped out and Kodak's peak market cap of around $30 billion went down to $0. 30 billion back then is more than 60 billion today. There are many companies in the west will end this way including in the banking and financial sectors.

[@Shining237]

Solution: repair and reconnect Nord Stream pipeline

[@jajajaja2606]

So that Russia can turn it on and off depending on Putin's mood 👍

[@jaunt3603]

So Germany can do Russias bidding?

[@user_zyzymvb]

America's aim is to destroy Europe as whole .zelensky just puppet.

[@BruceJ999]

​@@jaunt3603How's doing u$ bidding benefitting you😂😂very good aint it

[@jsvihla]

If anything that pipeline should be permanently closed/destroyed. Germany has done enough damage sponsoring Russian treasury.

[@BerryMike-d9v]

DW Chinese channel just make a program saying Chinese EVs are “loud thunder but no rain” in Europe last week and now come to this….. how twisted DW is😅

[@evangpramono5943]

Threaten? I think its legally called competition 😅

[@mydogsbutler]

It's framed as"dumping", "illegal subsides", and "national security" when we produce inferior products. We respond with tariffs when we can't compete. It's only free markets when our products are better.

[@dyu999]

I can't stop laughing.

[@bekicot88]

Its simple, the price of the car are expensive

[@somboonsaetang6380]

That is the price of ignorance and arrogance!

[@israelmiranda4614]

That’s right

who blew up your pipeline? who bugged your chancellors cell phone?

[@ytfanlingeric]

This has to do with the German car makers' reluctance to switch to EV which is the trend. They just wanted to dominate the automobile market with their proven engine technologies. China's fast EV development weakened the demand for gasoline-only cars. We saw the decline of Kodak and Nokia for similar reasons some years ago because they tried to resist the market trend.

[@mydogsbutler]

Exactly right. Legacy ICE was a cash cow for many manufactures for decades even thought they knew global warming was a problem This short term thinking was not limited to German car companies, GM, Ford, Honda, Toyota, and many others behaved the same. And the governments in these countries, both right and left alike , didn't take the alternate energy tech industry seriously enough. Now these companies are paying the price for their greed at the expense of reason. I'm no fan fo the CCP but they did make the right decision when it came to EVs, solar, battery and other related green technology investments. Its not their fault we didn't.

[@yongbinsong9676]

Zero emissions for environment? Everybody is being deceived ever.

[@Lumumba_00]

Germany made a big mistake pushing for EV.

[@FabioCapela]

More like Germany did a big mistake by not pushing for EVs early and hard enough. VW's China troubles are because the Chinese are quickly moving away from internal combustion engine cars - ICE cars lost about half their market share in China in the last half decade alone - but VW doesn't make enough, or good enough, EVs to sell to China, so it's now risking becoming irrelevant from a market VW used to dominate and until recently gave VW most of its profits. VW is also seeing market share loss in non-EU countries that are electrifying. When someone in Costa Rica (25% EV market share), Uruguay (15% EV market share), Ethiopia (100% EV market share - they banned non-EVs), etc decides to buy an EV, they aren't even considering a VW one; they go for a Chinese one, which is both cheaper and more advanced (because China has been pushing their own carmakers hard to transition to EVs for the last two decades already, giving them more than a decade of head-start compared with VW). It's no wonder China became the biggest car exporter in the world, surpassing Germany and even Japan.

[@lcwpg]

forever blame ev lol thing is that people rather buy japanese cars that is boring and bland than german cars..expensive and unreliable vw nobody wanna pay money for anymore

[@conceptuallyugly530]

Nokia syndrome

[@Wiers75q]

Strange! World Trade war is supposed to be reciprocal. Isn't "decoupling" what DW wanted? Why is DW complaining again when everything is going as DW wanted? Or does DW naively think that if EU impose import tariffs, others will have to swallow their anger?

[@cmdrstevemcmaru7417]

@@FabioCapela Absolutely, German car makers really messed up when they ignored Tesla and now Chinese car makers. Although I have to disagree with your statement regarding Chinese Cars. BYD is also known in North America as "burn your driveway"... Some Chinese cars are suffering from poor quality and battery issues, they will sort it out very soon and German car makers are not catching up.

[@JohnSmith-em9ks]

Just got forced to early retirement from VW quality after 37 years. They told me literally "this department is no longer needed "😂😂😂😂😂 Good to know all VWs now are perfect. I can sleep soundly now.

[@althyk]

Ask the workers if they can work with China's salary. If not, fire it is, its just math.

[@yaucharles91]

It is not salary now! Car is transiting to EV and Germany is still stuck in ICE car. Its technology change.

[@hkonhelgesen]

@@yaucharles91 VW ID-cars are very good EVs.

[@sedatpir1905]

Germany didn’t have a problem with Japan or US

[@mydogsbutler]

"German" DW just parrots Amerian foreign policy.

[@graymalkin26]

Indeed, they're shutting down factories as we speak.

[@SteveLomas-k6k]

China never forced Germany to ration the sale of normal cars. Of course China will dominate the EV market, it's all about who can throw the most public money at it, and that was always going to be the CCP. Let them have that albatross if they want it, and let auto makers in the free world build the cars people actually want to drive. China was never very good at cars with engines, it's a lot trickier- it's not like wiring up some batteries to a motor.. they can't compete nearly as well there.

[@jsvihla]

They don't need to compete there because the future is electric.

[@SteveLomas-k6k]

@@jsvihla As long as the subsidies keep rolling in, there may be some future for EVs yes. But this market share has cost China half a trillion $ already by some estimates. Let's see how long they can keep that up.

[@ytfanlingeric]

@@SteveLomas-k6k If you really believe China's EV advantages is due to subsides, then you should also find out why subsides in other countries has not worked. The "subsides" and "overcapacity" kind of logic are only the tools to justify policies against Chinese EVs, among other competitive products.

[@xcel5203]

When the Chinese pay higher labour charges and don't hide govt subsidies and support , then perhaps the true cost of the product will be revealed .

[@krollpeter]

If the market for dinosaurs is shrinking, you are going to focus on producing dinosaurs. Right.

[@AbsolutelyFabulous3]

If I can get a Porsche today, I’ll gladly pay you on Tuesday

[@BerryMike-d9v]

If Chinese didn’t open it’s market, VW has already closed its factories 40 years ago, why blame Chinese, for its developing too fast?

[@aloneandscared1]

no it is not

[@patrickgz]

kodak or nokia moment? Philips made it through bankruptcy.

[@diazvirdani1059]

*China🇨🇳 have border/maritime disputes with Taiwan, Tajikistan, Pakistan, Bhutan, Japan, India, Vietnam, Philippines, Malaysia, Brunei.* make border/maritime agreement & peace!

[@yaucharles91]

Why are u talking about this? Japan have border/maritime disputes with all her neignours! It will happen to all the countries around the world!

[@WalkAndBikeEU]

The labour cost of Manufacturing in Germany is too high. German industry will fall deeper and deeper into the dilemma.

[@Keepcalmorgetout]

Germany car bright era is over just accepted. Your cars are junkies compared to the Japanese cars

[@hkonhelgesen]

Chinese cars are completely banned in Japan. German cars are good enough to compete in a fair and balanced market. But not in 1 way "trade".

[@abendroid]

I remember BMW tried to charge subscription fee for heated seats. So much for winning support.

[@balajiselvam]

Basically the income tax is high in Germany, so companies have to give more salary. Any thing producing in Germany becomes costly. Also It comes to high engineering cost. Country needs more cash flow.

[@jindrichhlusinsky3172]

Only about productivity. Compare productivity Tesla : VW

[@dr.zschanel3671]

It's all the legacy ice car makers who are complaining. Tesla doesn't complain, nor Ravian. This is the era of great transition of auto making, the loosers are going to be more creative and vocal in complaining 😂

[@Waffen_SS-q7c]

Eventually, they will lay off employees, when they cannot hide the losses anymore. 😂

[@lucastherexcat]

It is odd that no one mentions the Higher energy and raw material prices do to sanctions on Russia. It is also remiss, I am sure it just slipped their mind. the required sale of the VW plant outside of Moscow that produced 225,000 cars annually. Hardly worth mentioning the sales of those same 225k cars in Russia. I am sure the effects of these factors are negligible.

[@louistan7560]

If you listen to Habeck, he will tell you not to take hot baths during the coming winter and also wear thicker coats to save household heating. How did he get the job in the first place?

[@jsvihla]

Not sure about baths but it makes perfect sense to reduce your heating by wearing an extra layer.

[@markdickson3820]

O much for letting the market self correct- Germany always wants to help its own car brands with state assistance but doesn’t want others doing same. If they need to get rid of staff to ‘right the ship’, let them sort it out themselves.

[@MrKingsleyisaiah]

Russia cheap gas is no more

[@jamesgiles844]

By the time a company or industry is labeled “legacy” it’s too late to be “saved”.

[@alpharius_nox]

I better not see ANY talks of putting Tariffs on imports of Chinese cars, especially not after the EU berated Trump so furiously for daring to even suggest putting tariffs on German cars since Germany already puts tariffs on American cars.

[@rmhwong]

Classic EU move: regulate emissions to save the planet… but oops, no one’s buying enough expensive electric cars. Meanwhile, China’s out here like, ‘Don’t worry, we’ve got plenty of cheap EVs for everyone!’ It’s almost like they didn’t see this coming. 🙃

[@moosesnWoop]

Shouldn't let them blow up nord stream then ahaha

[@santaclaus0815]

In the USA, private companies follow not only business interests but also economic interests - if necessary under pressure from the government. It is similar in France. And especially the case in China. But not in Deutschland. Therefore Germany cannot use its full geopolitical weight. The German government (not only the current only but many before too, started not later than with H. Kohl) fails to get control over the big german employers in a way that it could help Germany economically, socially and geopolitically. Many German companies do business with autocrats and markets that are currently still strong but very unstable. Casino capitalism. If the adventure fails, the state helps the Germans who have become unemployed. If the adventure does not fail, a company like VW outsources not only production but also R&D. The German government is weaker than the top managers of the top German companies and all of Germany's allies are really annoyed by this fact, and rightly so. The big german companies play with fire, for years now. Germany also became easily blackmailable because of this.

[@amandagrant4331]

The main problem is that even in Western markets, German companies are not popular. VW's sales in the United States are so small. Is VW unwilling to sell or Americans unwilling to buy?

[@aleksandarmilosevic4629]

Was is das, no more cheap Russian gas...

[@herman9255]

VW proudly made the first Chinese sedan ever, Santana, back in the 70's and has ruled the market since then. But it has been sleeping at the wheel recently.

[@hkonhelgesen]

Nope. Chinese VW started in 1982. When the the Santana was introduced.

[@sad_clown]

Over priced German cars

[@Hypocritial]

Greens have screwed up Germany royally

[@Fannystark007]

Der Super-Sozialstaat, der die Linken mit Pseudogeschenken glücklich macht, die sich im Papierkram verstecken; der die FDP glücklich macht und ihre Superreichen, die sich iM Papierkram verstecken; der die Konservativen mit Stillstand glücklich macht, den sie im Papierkram verstecken ; die Rechten mit ihrem Hass auf Papierkram; die Wagenknechte mit ihrer Sonderrolle... und natürlich sind die Grünen Schuld, weil die den Dosenpfand eingeführt haben.

[@thefourthrabbit9516]

Ironically, China is the one that truly implemented the Greens policy but in a planned and coordinated way. In comparison, Germany's green transition was a disaster because there was no plan, no coordinated policy, and the war in Ukraine would have decimated the German economy the way it did with or without the green transition.

[@antred11]

Lol, if course, it's all the Greens' fault again. How could it be any other way? 😂

[@AIBot-d5r]

EVs are not as important as decommissioning all fossil fuel energy plants and have them replaced by nuclear and renewables. The EU should invest in that and relax the CO2 fines for the auto industry and devise a proper electric car standard EU wide. We would lose some Chinese businesssl, which it is already lost anyway, but come out of this mess with a better solution and more efficient manufacturing.

[@tampad854]

I'm not gonna buy made of China Cars but because of high costs of living, some poeple may resort to these low budget vehicles.

[@MrShaneSunshine]

Selling out has predictable outcomes. Rich retired CEOs and then loss of industry and economy. Teach someone how to do it...and they won't need you eventually!

[@EarlyNai]

but will there be any cuts to car prices

[@santaclaus0815]

The comparison of "German combustion engine cars vs. Chinese electric cars" is very one-sided. There are many other manufacturers in the most relevant markets: China, EU, USA, Japan... with a mix of drives, more or less electrified. The other Asian and other European manufacturers are in a similar situation to the German ones. The competition from China is easily eliminated - with tariffs. The question then is how well the German manufacturers (especially on the European market with its strict emissions legislation) do against their non-Chinese competitors.

[@xingxing85]

Only bad news from Germany terrible

[@dachunde]

Good. I hope audi does too.

[@windsong3wong828]

You cannot prevent competition in the world. EU may be able to limit Chinese cars from entering EU but it can’t stop China from selling cars in Africa or Latin America. I love competition. I just ate Kyoho grapes grown in China instead of Korea at a 40% discount. EU or USA can continue driving more expensive cars …..

[@amandagrant4331]

Although China has a trade surplus with the West, for a long time, China has only received very little profit, while the West has gained a large amount of profit. If the West insists on decoupling from China, China will not suffer any greater losses than the West

[@windsong3wong828]

@@amandagrant4331 Decoupling is bad for everyone. Trade benefits everyone. However, the western media always stressed how decoupling is bad for China without stressing how it is also bad for USA. Recently, a lot of western brands in China are suffering from bad publicity…..and they are seeing reduced sales vs other brands. Chinese consumers felt that all these USA sanctions against them is unfair and they reciprocate by NOT buying American brands.

[@71518]

... only 30.000 ?? Dont trust no one.

[@stefan2796]

The main problem: the chinese economy is tanking.

[@david-bd6td]

Yawning ... I've been hearing this for more than twenty years ...😅

[@Robin-qu5jm]

@@david-bd6td I have met now illegal immigrants chinese in USA now. They are leaving the country in thousands.

[@amandagrant4331]

This cannot explain the fact that BYD's sales are growing

[@yongchen8204]

how does china threatening germany auto market when it hasnt sold its cars in europe yet, or small units as it is now. perhaps it is outdone by south korean and japanese auto is the major reason why vw is losing market in its own turf.

[@joshcyz]

The West: Celestial Court China: Wukong

[@jajajaja2606]

Instead of closing production they should move it to Poland, as people here earn similar wages as in China and there are free tax 'special economic zones'. Also we depend on German economic growth as a country, so there's a will to co-operate. Unfortunately our energy is also very expensive

[@amandagrant4331]

The decrease in European sales cannot be solved by moving factories from Germany to Poland

[@hkonhelgesen]

Polish wages are 50 times higher than chinese wages. But Poland makes up for it with lower taxes, more freedom and far less corruption. So total costs are just as low. VW have built big capacity in Mlada Boleslav, Czechia. Probibly at the expense of Brûssel and Emden.