‘Earthquake at Volkswagen” ran the stark headline in the Wolfsburger Nachrichten, the newspaper serving the north German city that is synonymous with the carmaker.
The news that the crisis-stricken company was weighing up the closure of factories in Germany for the first time in its history, and prematurely dissolving its 30-year-old employment protection agreement as part of an attempt to save around €10bn (£8.4bn), had barely filtered through to the workers emerging from Gate 17 at VW’s main factory in Wolfsburg on Monday, where a lone reporter had been dispatched to capture reaction at shift’s end.
