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The Economic Times
The Economic Times

Volkswagen key shareholder pitches producing Chinese car models in Germany

Volkswagen Germany Porsche China Lower Saxony SUV

Volkswagen could secure jobs in Germany if it produced auto models there that it currently develops in China, the premier of the German state of Lower Saxony, a major shareholder, was quoted as saying.

Lower Saxony premier Olaf Lies made his remarks to ‌German news agency ⁠DPA ⁠following reports on Friday that the embattled carmaking giant is considering shutting four German factories and ramping up job cuts to as many as 100,000.

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