Count Holdem
Randahl FinkTrump hit Volkswagen with 25 percent tariffs, and now 50,000 German VW workers will lose their jobs.
European politicians chose to appease Trump. Look what that brought us.
アイアンハンドガンダム@randahl VW has been mismanaged for many years now. Trump is just another convenient scapegoat.
rhempel@randahl I think that has more to do with VW misreading the ability of Chinese manufactures to simply outcompete in their home turf, and eventually the rest of the world.
Americans will always want their big trucks, but there will.come a day when the Chinese say "hold my beer" and build the charging network across America that government and oil money tried to cripple.
VW and other companies have tripped over their own dicks establishing factories in China to get a foothold in an astonishingly large market, all in the pursuit of growth.
Their numbers went up but they never realized that the Chinese had their thumb on the scale the whole time.
The Chinese have not outsmarted the West - the West has outgreeded itself.
Random Sapiens@randahl wasn't it also VW that wanted to appease both the US and China?
Walter8100000 🇳🇱🇺🇦@randahl Volkswagen used to have a solid reputation but quality has been going down for years. I would never buy certain models/types/years of VW cars. Add the diesel gate and the problems they had with the ID.3 and you get a brand that is finding out the dark side of capitalism.
Ati@Walter8100000 @randahl What were those problems with ID3?
@ati1 They couldn't deliver the cars because of software issues and some missing electronics.
MidgePhoto@Walter8100000 @randahl
My (iteration one) ID.3 is nice, and the people in the dealer/garage are likewise, and effective.
I'm unsure what you mean by "the problems".
milkytwix
Pascal d'Hermilly@randahl Nah. They are behind on automation.
Joe Brockmeier@randahl @glynmoody something I learned young, but not young enough: fight back against bullies. Better to just get it over with, and there’s a good chance that they’ll back down when they can’t just intimidate you.
Glyn Moody
Joris Meys@randahl
It's more than tariffs. They were told electric is the way, didn't want to, were passed. They still make profit btw. Just not enough for the rich twats that now fled Dubai.
It's more than tariffs. They were told electric is the way, didn't want to, were passed. They still make profit btw. Just not enough for the rich twats that now fled Dubai.
The Penguin of Evil@randahl Questionable
It was a mere 8% or so of their business, and it was mostly conducted out of Mexico. Not really the big factor here.
The main losses VW suffered were from being unable to build cars at a price that was competitive. They failed to compete on price, and they failed to manage quality to compete as a premium brand.
Mitch Rosethey need to bring back the karmann ghia
CM Thiede
ᴮᵉⁿ ᴿᵒʸᶜᵉVOTE IN THE PRIMARIESrandahl i have to thank you for this fantastic picture
look at their expressions
#vonderLeyen, #merz, #macron, and #stubb ARE ALL FUCKING LAUGHING AT THE ORANGE CLOWN
can you imagine a person sitting there, seeing this collection of faces before them, and thinking they are respected?
Wikinaut
OutOfSpace - 不割席@randahl Thank you for pointing me to this article.
They still make profit, so where is the problem? I probably don't know enough about economy ☺️
Also, where do they have intense competition from China except in China 🤣 In a couple of years Europeams will be more than happy to buy Chinese cars, because by then they will be worlds more advanced.
Europe 2.0@randahl your obsession with Trump blinds you
Tattered
bws@randahl volkswagen thought they could defy physics. Now they learn that those are laws they cannot lobby away. Robert habeck, our ex green minister already told 2019 that if they do not have an affordable electric car by last year, he fears they will be in trouble. And here we are. And they still make a profit, just less.
Christian Klüber-Demir 🏈@randahl
This - for a change - has little to do with Trump and his tariffs, but with VW's own mismanagement.
And while the *profit* has halfed last year, it was still at 8.9 billion (!) Euros and good enough to pay out full bonuses to the management.
@ckd two things can be true at the same time. Yes, VW has made several mistakes, the Chinese market has been problematic, etc.
But when two thirds of VW's cars for the US market are made in Mexico, steep car tariffs certainly matter.
HTPC NZ@randahl guess other politicians from "the west" are hoping this will end at midterms or at worst in 2028, and USA will get back to what it was and we can all pretend this chapter never happened and get back to BAU.
Seriously they can't be that delusional to think the oligarchy & Zionists running this pedo show will let that happen.
Ricardo Silva@randahl so, if I understand correctly, they are cutting 50.000 jobs because they "only" made 6 billion € (American billions I suppose, so 6.000 million €) in profit, so, after deducting all their operating costs, all their R&D investment, and all taxes they had to pay.
Indeed, sounds like a dire situation.
Elminuto (punkstodon)@randahl
The don't loose their Jobs because of Trumps tariffs (maybe it's on of many reasons). They loose their Jobs because VW didn't realize that the world (except germans) prefers Electric cars... The management failed... For years... But still get their bonuses...
The don't loose their Jobs because of Trumps tariffs (maybe it's on of many reasons). They loose their Jobs because VW didn't realize that the world (except germans) prefers Electric cars... The management failed... For years... But still get their bonuses...
In the USA I drove a Honda, and I drove an American car.
Americans would be better served by a tariff on the American cars.
Americans would be better served by a tariff on the American cars.