Why Volkswagen hit the skids

Volkswagen is facing a crisis. Often considered a symbol of Germany’s industrial power, it’s now reckoning with a difficult transition to electric vehicles, among other issues. And now, management is considering breaking a long-held taboo: closing German factories. Patricia Nilsson, the FT’s Frankfurt correspondent, heads to VW’s headquarters in Wolfsburg to examine the fallout and what’s next.    Clips from Bloomberg, DW News, CNN- - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:For European carmakers, EVs are a Catch-22Why Volkswagen is seeking to break the taboo of closing German plantsVW audit of Xinjiang plant failed to meet international standards- - - - - - - - - - - - - - - - - - - - - - - - - - On X, follow Patricia Nilsson (@patricianilsson) and Michela Tindera (@mtindera07), or follow Michela on LinkedIn for updates about the show and more. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.