​Volkswagen Considers First-Ever Germany Factory Closures As Economic Troubles Mount   – Tyler Durden

Volkswagen Considers First-Ever Germany Factory Closures As Economic Troubles Mount   News broke Monday that Volkswagen is considering plant closures in Germany. The auto giant faces falling profits due to slowing sales in China and other major markets. This development comes as Europe’s largest economy teeters on the verge of recession after reporting a slight contraction in second-quarter growth. Earlier this summer, VW’s Audi revealed a billion-dollar investment in Mexico, as the company’s future manufacturing could be overseas in the Americas.  Several financial outlets are reporting VW’s potential factory closure plan, including Bloomberg, which said, “VW is considering unprecedented factory closures in Germany in…  — Continue at ZeroHedge News : Read More