In brief | 25 November '24
DW:
The car parts manufacturer said some 3,800 of the layoffs are to be made in Germany.
Reuters:
Volkswagen sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros in costs, the brand's chief executive said , amid an escalating dispute with workers.
Bloomberg:
Rapidly depleting gas reserves and looming supply cuts from Moscow have the makings of a fresh energy crisis for Europe, which is still reeling from extreme shocks two years ago.
FT:
Governments, carmakers and investors must recraft the region鈥檚 strategy after the fall of the Swedish group.
Electrive:
Brussels and Beijing might come to an agreement after all, with Chinese carmakers ready to offer their electric cars in Europe for a minimum price.