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Volkswagen in crisis: Why is the German carmaker struggling?

02:02

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Dagmar Zindel | Ekrem Ekici
October 30, 2024

Volkswagen reported a staggering drop in profits in the third quarter of 2024, and Germany's largest labor union is standing firm in its wage demands. Why is Europe's biggest automaker struggling?

Skip next section More on Business from Europe

More on Business from Europe

European Central Bank announces 0.25% rate cut

The ECB says inflation in the euro zone is increasingly under control.
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Could new EU tariffs on Chinese cars backfire?

Europe has voted to raise tariffs on electric cars from China by up to 35%. China has threatened to retaliate — will it?
BusinessOctober 4, 202402:58 min
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More on Business from around the world

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Ever since Donald Trump won last week's election, Bitcoin has been going through the roof.
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'Inclusive institutions key to nations' economic success'

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