Germany’s largest automaker rode a wave of strong sales for years, but lagging demand and pressure from China are forcing it to consider layoffs.
BYD, which leads China’s electric vehicle sector, is constructing a plant in Hungary while its Chinese rivals expand through joint ventures in Europe.
The Swedish battery manufacturer said it would eliminate jobs and seek partnerships as it grapples with competition from China.
For the first time in its 87-year history, the automaker is considering shuttering factories in Germany, citing the need to remain competitive.
Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.
The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.
Southern political leaders say a win for the United Automobile Workers would threaten their economies. Activists want to strike a blow against a system they say exploits the poor.
La planta de Volkswagen en Zwickau dejó de producir autos Golf y se cambió a los vehículos eléctricos, dejando en evidencia los riesgos y oportunidades para los pueblos y ciudades industriales.