Volkswagen
Volkswagen, one of the world's largest automobile manufacturers, has been in the news recently due to significant restructuring plans that involve potential job cuts across its operations in Germany, driven by declining sales and increased competition in the electric vehicle market.
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Countries Mentioned
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Each country's color is based on "Mentions" from the table above.
Recent Mentions
Estonia:
Volkswagen seriously considered closing three domestic car factories, which would have been the first such major event in the company's 88-year history.
5
Indonesia:
Volkswagen is one of the first automotive manufacturers affected by competition from Chinese products.
4
Iceland:
Volkswagen is one of the investors that funded Northvolt.
6
Vietnam:
Volkswagen is recalling 5,637 ID. Buzz vehicles due to safety compliance issues.
4
Russia:
Volkswagen is mentioned as one of the companies that has succeeded under state capitalism.
6
France:
Volkswagen was penalized for participating in an illegal agreement regarding vehicle recycling.
3
Portugal:
Volkswagen received the largest fine of nearly 128 million euros for its role in the cartel.
3
Hungary:
Volkswagen received the largest fine of 127.69 million euros for its involvement in the cartel.
4
Germany:
Volkswagen must pay the highest fine of around 127 million euros.
3
Uruguay:
Volkswagen has an advantage over others due to its plant in the U.S.
6