this post was submitted on 10 Jul 2026
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Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.

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[–] fisch@lemmy.world 2 points 1 day ago (1 children)

Germany must explore other industries besides car manufacturing.

This! Our industry is far too dependent on the car market. Car ownership is going down and people don't need to buy new cars all the time. The market is saturated. When I look around, everybody is driving a relatively new car that won't have to be replaced for years. It's just not a growth industry - and by the love of god, it shouldn't be one.

[–] panthera_@lemmy.today 1 points 7 hours ago (1 children)

Germany could explore other ways of making money such as tourism and film making. Encouraging foreign students to study in Germany would bring tuition money.

[–] fisch@lemmy.world 2 points 2 hours ago

Or simply other technologies. Instead of cars, heat pumps and ACs, both in high demand. Electrolysers for converting excess renewable energy into H2. Electric bikes. Electronic chips. Drones. Whatever.