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“The Chinese started making iPhones with wheels, Volkswagen continued to release old Nokias”: the story of the rise and fall of the German wolf

Summary by Jornal Expresso
Report from Germany, where the largest European car manufacturer wants to eliminate 35,000 jobs over the next five years to become competitive again against Chinese and American rivals. Uncertainty hangs in Wolfsburg, the company's headquarters city. Residents fear that the empire built by VW will become an industrial museum. The consequences would be catastrophic for the European economy
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Jornal Expresso broke the news in Portugal on Thursday, February 20, 2025.
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