The company is seen as crucial not just to local but national wellbeing – and never before have its workers been threatened in their own homeland like this
This has nothing to do with Hungary. VW alienated themselves from their core products/customers and started building luxury cars and ditching all the affordable options. This means they were domestically competing against the established luxury brands such as BMW, Mercedes and Audi. Since that’s nowhere near a big enough market, they heavily relied on the Chinese market. They also completely fucked up the EV segment. Our minister of economy (?) Habeck predicted in 2019 that exactly this would happen to VW if they didn’t bring an affordable EV on the market. Now that China doesn’t give a fuck about VW anymore because they have their own luxury cars that also perform better, VW is fucked.
This has nothing to do with Hungary. VW alienated themselves from their core products/customers and started building luxury cars and ditching all the affordable options. This means they were domestically competing against the established luxury brands such as BMW, Mercedes and Audi. Since that’s nowhere near a big enough market, they heavily relied on the Chinese market. They also completely fucked up the EV segment. Our minister of economy (?) Habeck predicted in 2019 that exactly this would happen to VW if they didn’t bring an affordable EV on the market. Now that China doesn’t give a fuck about VW anymore because they have their own luxury cars that also perform better, VW is fucked.