Comment by FuriouslyAdrift
Comment by FuriouslyAdrift 2 days ago
VW is carrying $221B in debt and just closed their main plant in Germany because BYD is eating them alive.
Comment by FuriouslyAdrift 2 days ago
VW is carrying $221B in debt and just closed their main plant in Germany because BYD is eating them alive.
VW just closed a very small plant (165k cars in 24 years) in Germany, the one in Dresden. The largest ones are probably Wolfsburg and Emden, these are running. VW is in trouble, not in terminal decline.