Senior executives at Volkswagen have informed employees in Germany that the company has “one, maybe two” years to adjust to a decline in car sales across Europe. The announcement came during a meeting attended by around 16,000 union representatives and workers at the company’s headquarters in Wolfsburg. The staff are outraged by the company’s inability to guarantee job security and the possibility of factory closures.
Al Jazeera’s Dominic Kane reports from Wolfsburg
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#Volkswagen #CarSalesDecline #GermanyAutomotive #VWUpdate #JobSecurityConcerns #FactoryClosures #EuropeanCarMarket #WolfsburgMeeting
Car manufacturers surprised that no one is buying their cars which start at €55k
🤣🤣🤣
Big surprise..
No $hit, war in ukrain fcked us over. I mean a group of powerful families did
It’s energy prices. No more cheap fuel from Russia to run the plants.
And their “allies” blew up the Nord stream 2.
Europe got used to the cheap oil from Russia
The biggest snowballsystem in the world ends.
Just lower prices! Today’s prices are absurd!
Great German engineering is not on show here.
The only reason is that Germany no longer has cheap Russian energy. But they can’t say that because it’s not political correctness
Russian gas gone…. and gone the competetive advantage
Maybe stop paying top managers millions for nothing?
Also new passat costs 50k. Are they r3tarded?
German cars are overhyped specially the luxury group.
Because europe r fully dependent on chinese pdt.😂😂😂
even there underwear comes from china.😂😂
China is pioneer in Electric vehicle.bye bye europe😂😂😂
They almost doubled the price of their cars but they expect to sell more and more, i mean you have to be a special kind of idiot to be this much out of touch with reality
Welcome to electric cars 😂😂😂😂😂😂
I’ll stick to my trusted 2006 Audi A4 Avant 2.0T FSI, for now. 140k miles on the clock and hasn’t broke down on me yet, after 5 years of ownership.
That was a different time and economy. I have a BMW from the same era. Great car.
Bring in Euro 7 rating, this madness increased cars prices where they are not easily selling.
Germany energy prices skyrocketed when its dumb government decided to follow US blindly. Have fun now 😅
Al-Jazeera just unsubscribe
It will get worse when VW is shut out in China
I have had four VWs in my life including two that I currently have. All have them have some quirkiness but the 2007 Rabbit was no doubt a very bad car.
German people, welcome to the real world. When a 60,000 euro car doesn’t sell, lower the price to 40,000 and it will sell.
Germany self-harm by polarising from it main energy and resource supplier, Russia. Russia is not sending most of its energy and resources to China. Germany’s de-industrialisation will be followed by EU general de-industrialisation of Europe.
Jai Hind. Buy up Xpeng
And they still won’t mass produce good looking, good value electric cars. Crazy. The current ones are far too bland.
My Suzuki Baleno is far far better than Volkswagen Polo…
1:39 Natürlich Fratzscher. Wie sagte er 2015. Flüchtlinge werden die Renten der babyboomer zahlen
The government perpetuates car evolution that puts VW in a big disadvantage. VW struggles because of this. Also the government says VW, you can’t close the factories that builds cars that people no longer want, thanks to the government policies
Meanwhile Proton make profit🙂
Volkwagen prices are to high,China move in due to that
German cars most of them over engineered unlike Japanese or korean , it means complicated and pricey
LoL. Too dependent on China? The problem is that VW couldn’t keep up with new technology.
Make it cheaper and we could aford to buy it
Too many plastic engine parts that are designed to break after 5 or less years. Im impressed the factory even stayed open this long.
I have a 2007 Volkswagen Jetta. It awesome!
Closed shop if company cannot do well. No point protesting.
Blame your government for lost focus in helping America to fight Russia and China.
Germany is a country now focus on wars with Russia, focus on intimidating China on business and economy.
Other than these 2 matters are not important.
A Jokeswagen is a waste of money, time and patience!
I had skoda rapid diesel, excellent driving pleasure, better average on Indian roads, but expensive to maintain. I sold it and bought Tata Nexon EV I’m very happy with immense deiving pleasure and no maintenance cost with very less running cost
Have these idiots considered the horrendous prices they charge for basic cars and the 1000s of optional extras that are supposed to come standard?
As a car producing company employee I can say that not only WV but other German companies will face with the same situation in a short future ,here are the reasons.
1- German made cars are very expensive and un affordable .
2- sanction on Russia has changed the economic route and all German made cars can’t enter to Russia directly , it goes through third country but we can say that it lost entire Russian market .
3- environment friendly E cars demand is not high as it was estimated in the market .
4- other cheap companies produce new cars with high technology and modern designs which is cheaper and luxury then WV even Mercedes ,because they have the same options but the prices are pretty different .
5- chines cars are in a high import level to EU ,it’s cheaper and affordable , people looks for a luxury and cheaper cars not marka .
6- the spare parts of German cars are expensive then japanese or other made cars .
7- pegeout & Citroen are in high demand in EU market because of its price, design and cheap spare parts.
There could be many other reasons, I hope the company will rise and stand again .
Vw cars are now too expensive and not very reliable
If the economy is so bad that people are buying less cars, how then do they expect people to buy electric cars which are far more expensive?
It should happen. Western world should get replaced by Asian super powers.
VW will get a bailout
Boycott VW for helping the zionest 💩 hope the company falls downhill and hope the people working there work somewhere else.
Stop making unreliable and cheaply made cars.
Every party has a start & an end. German cars is starting to end.
Don’t care what you all say, but VW, builds garbage. Needless to say, I bought one and will never again buy this brand.
They didn’t lean from Nokia. They laughed at the ev and now 🤣🤣🤣😂😂😂
They fired the ceo who was pushing for ev cars
Unreliable, cheaply made engine parts, why would I buy it?
1:31 how tf VW is in loss due to profit to China ? I can’t understand this logic.
Those are some ugly looking cars for that massive price
No surprise for me. In my country this VW golf have the same price with mitsubishi pajero sport. 😂😂
Ofc with that price no one gonna buy it. Except for VW collectors
Cut by $10k, VW will surpass Toyota.
With only $20k we can get amazing cars better than VW
The problems with German automotive is, people in Asia no longer see Mercedes, BMW, VW as luxury Cars, since China automotive products and amazingly affordable & more attractive
Chinese are the most brand materialistic people on the planet. VW has nothing to do with BMW and MB.
German CARs,
German
Hollyw👀d,
German shepherd,
German MarXisM,
German NASA,
German philosophy,
German tech,
German gas pipe.
Gas pipe 💯⁉️.
Gas pipe 💯⁉️.
Gas pipe 💯⁉️…
G.G.G.G.G.G.G-8.
VW=VeryWorried.
Angela Merkel
Where are you ⁉️
Unreliable, expensive, difficult to repair, then throw in new and reliable Chinese cars….those workers should go and look for new jobs 😀 😄 👍
Make inferior products. Surprised when people don’t buy them. Lolz
Overpriced and lack of innovation. Chinese cars are much better in terms of optimization of quality and price. VW is the new Nokia.
Toyota is next.
All European cars brands in general are rubbish cheap materials use insanely complex unreliable technologies even in midrange vehicles it will become nightmare as soon as it pass 100k
that’s what happens when you chose to be an american puppet
oooh noo lets Blame China again Marcel…… because so many of its Revenue comes from China so its a problem. You make cant compete China, its China fault, you make huge profits in China also China’s problem. Al Jazeera is really not much different from the typical western MSM.
high prices for what they offer, lower quality, what do you expect?
octavia 3 for example sold for 25k mid to top trim before pandemic.
now, octavia 4 STARTS at 25k.
30 years i have drive many Golfs. Now they are so expensive i am thinking to buy a hors. For €1000 i have one. 10 years of lifespan.
How do you over-calculate the demand by 500,000 cars in Germany alone, that sounds ridiculous.
It’s Putin!!!!!
Send it to India without much profit gain and it will sell like cakes.
Blame it on khumuss
Cost of labour and material very high compare to China
Labour cost one hour in Germany equal to one day in China 😂
They need to send their engineers to China to learn how to make cars.
Everything is lie
Don’t by EVs
Aufwiedersehen, HitlerWagen 🎉
Ban on import Chinese electric cars into Europe. Period.
Why not make affordable cars ? 😂
Government to subsidies VW
Produce less cars with a few mins added to workmanship to make better electrical cars.
It’s a good time to buy VW brand new Golf. This is what I am doing right now in Poland. I am expecting 25% discount from the catalog price. Otherwise will buy another brand. And VW cars will stay on factory parking slots. New Golf is a great car in terms of quality and driving.
Elephant in the room: If energy costs are reduced, VW cars’ prices could be slashed, making them more attractive to the buyers. However, Germany is willing to be sacrificed by its masters in Washington.
Ya ya das ist fantastish
I won’t even take a Volkswagen for free
Always about China. Lame Europe 🇪🇺 😂😂😂
Time to blame China again…😂
Going big on the Chinese market wasn’t the problem, it made VW a ton of money. The problem is not investing those profits smartly and assuming those easy profits will last forever.
Just bring back the old beetle, the original bodywork with modern day tech.
The Chinese are coming to get ya!
What do they expect? They’re building low quality cars at high quality prices. Same goes for Mercedes and BMW.
Drop prices if you want more sales.
Reliable but very much expensive 😢
Too many electric cars going to force car manufacturers to close down.
Over Engineering and Diesel Gate
There is no single VW dealer in my country, last VW here is the new beetle which sell poorly, people rather bought old 70s vintage beetle than new beetle which is overpriced and character is nothing like the original one
Not one word in this article about Germany’s disastrous participation in the West’s war to “weaken Russia.” This conflict never should have happened. WE wanted it to happen. WE expanded NATO right up to Russia’s border after promising not to move NATO “one inch to the east.” WE constructed and armed Ukraine’s 500,000 man army. WE refused all negotiation and signed the Minsk Agreements in bad faith. The war was entirely provoked by US. The result was an end to cheap natural gas from Russia, and well as shortages of critical raw materials from Russia. Combined with Germany’s insane “green new deal” that closed Germany’s remaining coal and nuclear plants, you have an economic catastrophe entirely the fault of NATO/US and the German government.
Diesel gate
High maintenance cost
Vw quality out same bmw mercedes porche no reliable
I bought a VW Jetta in 2002 and needed a timing belt and fuel pump at 95k miles. Which was before I paid it off! Never looked back after I sold it.
100K miles is actually the due period for a timing belt and water pump replacement.
I guess now you drive a Toyota that requires 0 maintenance
Price Price and Car Price
that’s because they are electric vehicles….no 1 wants ev’s
I am very disappointed by this plant closure. I still have my 10 year old jetta which still has a very affordable service cost and is still fun to drive. I hope I can still buy a new one in US
The inmates are running the prison in VWs German plants. What a mess.
Zelensky curse is really unimaginable..😢
Go woke
now Germany are scare of losing job? I thought they have big economy power…