Volkswagen: Slump in ID models - job cuts loom in Zwickau

In Zwickau, a massive reduction in jobs is apparently looming due to the drop in demand for the VW ID models 3, 4, and 5. This is reported by Automobilwoche. Affected are primarily temporary employees. Apparently, the orders from the boom have been worked off - and too few new orders are coming in. Already in July, VW brand chief Thomas Schäfer made a dramatic appeal to his management. The roof is "on fire," with costs running too high in many areas and competitors in the same segment earning two to three times as much. Regarding electric vehicles, the Californian pioneer Tesla and BYD from China are repeatedly cited as references in terms of costs.