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Volkswagen warns Germany's car-makingindustry is in jeopardy

The CEO of the German car-making group Volkswagen is warning that the situation at the company is "more than critical". Oliver Blume is saying that ahead of meetings with the car giant's staff. He says Volkswagen and the rest of Germany's car industry are facing "the biggest uphe

Read full story on France 24
FRANCE2424 Aug 2026, 10:19 amUpdated 12h ago1 min readEuropeWorld
Volkswagen warns Germany's car-making industry is in jeopardy

WorldFRANCE24

The CEO of the German car-making group Volkswagen is warning that the situation at the company is "more than critical". Oliver Blume is saying that ahead of meetings with the car giant's staff. He says Volkswagen and the rest of Germany's car industry are facing "the biggest upheaval in their history" due to global headwinds and Chinese competition.

This report is published with credit to France 24. The wire sent a summary; open the original for any extra context. Read on France 24

Source: France 24 · FRANCE24. Published 24 Aug 2026, 10:19 am.

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