Volkswagen Faces Strikes and Restructuring Amid Economic Struggles
Germany's economic model is under severe strain as Volkswagen announces factory closures and layoffs, highlighting the country's industrial crisis. The German economy, once reliant on cheap Russian gas and exports to China, faces challenges from outdated infrastructure, demographic issues, and a lack of innovation. The automotive sector, a key economic pillar, is struggling with competition and technological lag, particularly in electric vehicles. Political instability and the potential impact of Donald Trump's return to the U.S. presidency add further uncertainty to Germany's economic future.
