Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Ryan Hogg

Is Germany in crisis? Giants consider pulling billions from economy

The Volkswagen AG factory in Wolfsburg, Germany, on Thursday, May 23, 2024. (Credit: Krisztian Bocsi/Bloomberg via Getty Images)

Germany’s economy has watched some of its largest companies vote with their feet and dollars since its manufacturing industry entered recession more than two years ago. Now, Volkswagen and Intel are poised to add more pain to the country’s coffers in what looks increasingly like a doom loop for the embattled country.  

Volkswagen, the jewel in Germany’s industrial crown, is turning sour on its native home, which it sees as compounding its struggle to expand its profit margins.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.