Subject: VW is paying the Green Piper
Years of external mandates along with tariffs and price-dumped Chinese vehicles are now taking their toll. As observers are putting it in europe, they're having to sell their silverware to keep the lights one:

https://x.com/CNBC/status/2070...


CNBC
@CNBC
Volkswagen plans to cut 15% of its workforce and close four German plants, report says

https://www.cnbc.com/2026/06/2...

Auto giant Volkswagen
is planning to cut 100,000 jobs and end production at four German plants over the coming years, according to a report from Manager Magazin, in a move that would represent the most radical overhaul in the firm’s 89-year history.

The plan, reported on Friday, would see Europe’s largest automobile manufacturer shed roughly 15% of its workforce as it seeks to counter intensifying competition from Chinese car brands.

Any relief on the mandate front?
https://x.com/PavelRyska/statu...
This is the direct consequence of brutal regulatory pressure and interventions by the EU and national governments into production, into the models a company is allowed to sell, into electricity prices, labor costs, international trade, etc. The private sector can withstand a lot of interventions, but not this deadly cocktail.

Nope.