The VW downfall: Total loss for the automotive giant | SPIEGEL TV

Porsche is barely making any money, and VW is cutting 50,000 jobs. The sales problems of these once-leading companies are having dramatic consequences for numerous automotive suppliers. When the Volkswagen Group, the epitome of the economic miracle and German engineering, falters in the global race among automotive companies, it amounts to a total loss. Excessive labor costs, cheap foreign competition, and a botched transition to electric mobility: VW's medical history is as long as it is complex. SPIEGEL TV has examined the ailing company and analyzed where signs of life remain and where they are not. ► A SPIEGEL TV film by Daniel Pfaender and Adrian-Basil Mueller Also check out this report: A Slump on the Assembly Line: Saxony in the Automotive Crisis ►    • Flaute am Fließband: Sachsen in der Autokr...   More exciting reports can be found here: The Graveyard of Electric Cars – The Mobility of the Future is in Crisis ►    • Friedhof der E-Autos – Die Mobilität der Z...   The Tesla Crash: How Elon Musk Ruined a Brand ►    • Der Tesla-Absturz: Wie Elon Musk eine Mark...   The Highway Speeders: Car Influencers Against Speed ​​Limits ►    • Die Autobahn-Raser: PS-Influencer gegen Te...   #VW #AutomotiveIndustry #Economy ___________ Become a True Crime channel member and receive exclusive benefits: ►    / @derspiegel