Berlin says it wants to prevent VW plant closures
Berlin says it wants to prevent VW plant closures
Mon, June 29, 2026 at 10:40 AM UTC
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BERLIN, June 29 (Reuters) - It is the German government's aim to prevent domestic plant closures by Volkswagen, a spokesperson said on Monday, adding that it was nonetheless a company decision.
"Our aim is to prevent the closure of sites in Germany," the spokesperson said.
"To achieve this, the right framework conditions must be in place, including the necessary competitive mechanisms. Incentives must be provided to ensure that these sites remain profitable," he said.
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"In principle, however, it is always up to the companies to make these decisions on commercial grounds."
(Writing by Friederike Heine; editing by MAtthias Williams)
Source: “AOL Money”
