The venerable German Volkswagen (VW) is considering closing down factories in Germany for the first time in the company's 87-year history. The purpose would be to reduce costs.
A tough battle with union counterparts is expected if VW goes ahead with the plans.
The potential closure decisions would affect the company's major car factories but could also affect other brands in the group. It would also be a departure from the pact made with German trade unions to protect German jobs until 2029, according to a statement from VW management.
