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German Govt Fights VW Plant Closures

29 Jun

Summary

Germany's government aims to prevent Volkswagen plant closures within the country.
The government believes competitive mechanisms and incentives are necessary.
Ultimately, company decisions on commercial grounds are paramount.

The German government has expressed its objective to prevent Volkswagen from closing plants within Germany. A government spokesperson confirmed this aim, highlighting the necessity of establishing the right framework conditions.

These conditions include the implementation of competitive mechanisms and the provision of incentives. Such measures are intended to ensure that German VW sites remain profitable. Despite these efforts, the spokesperson noted that the ultimate decision-making power lies with Volkswagen, based on its commercial assessments.

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