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VW Scraps Advanced Factory Plan in Blow to Made in Germany

Bloomberg Markets·November 11, 2026·1 min read

Volkswagen AG is scrapping a major advanced-manufacturing project at its headquarters, as falling profits force Europe's largest carmaker to rethink investment across its German factories. The decision is a blow to Germany's manufacturing ambitions and reflects broader challenges in the auto industry's transition to electric vehicles.

Read at Bloomberg Markets
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