German car maker to pause work at major factory and lay off 300 staff
Volkswagen is to cut electric car production at one of its biggest factories after “strong customer reluctance” led to far lower sales than expected.
The business is pausing work on electric models for six weeks at its plant in Emden, northwest Germany, and will lay off 300 of the 1,500 workers involved in making them.
The company blamed lower subsidies for buyers of the cars across Europe and higher inflation for a drop in consumer interest.
So VW is doing a Stellantis and halting construction of a manufacturing plant and laying off staff because they can’t sell EV’s without consumers being offered significant bribes of their own money.
Bribe people to buy a second rate product. That sounds like the sort of genius level business model Justin would buy into.
EV’s are the Wunderwaffe of the Green-Scam.
VW says EV Market has TANKED.
h/t Shasta
