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Volkswagen in the crisis: Wolfgang Porsche is worried about his life's work!
Volkswagen faces challenges: Wolfgang Porsche warns of crisis consequences for his life's work and a possible job cuts.
Volkswagen in the crisis: Wolfgang Porsche is worried about his life's work!
The automotive industry is currently on the abyss - when we talk about Volkswagen (VW), then it will be really going. Wolfgang Porsche, the face of the traditional brand, sees the current developments with great concern. A threatening plant closure at VW could not only endanger his personal career, but also the legacy of his life's work. He fears that the now serious crisis in the auto industry has even more far -reaching than initially assumed. SPIEGEL ONLINE reported that the concerns not only revolve around the Volkswagen employees, but also around the entire region that depends economically on automotive production.
The crisis causes fears about jobs and the future of entire regions. Numerous suppliers are also affected, many are about to close. In this critical situation, the "Network Christians in the Automotive Industry" (CAI) offers hope. They organize a prayer meeting to bring people together and donate confidence before things may get worse than they are now. Explained per media magazine that the event revolves around values that combine people in industry, far from questions of faith.
Values in difficult times
The prayer meeting, which takes place on November 25, 2024 in the Wolfsburg Automuseum, is not only aimed at believing Christians. Everyone who feel connected to the industry is welcome. Peer-Detlev Schladebusch, the founder of the network, emphasizes that values life are significant for added value. Such initiatives could help strengthen the cohesion and to express courage to everyone involved in this possibly dark future. Schadebusch believes that you should pause in times of crisis and think about the meaning of work in order to emerge strengthened from this situation.
But the worries are not unfounded. At Volkswagen there is criticism, and not just from the employees. The world - especially the political - also influences the mood. The United States is under the influence of a new political wave, led by radical figures such as Pete Hegseth, who is in discussion as the future Minister of Defense. Tagesschau reports that Hegseth propagates a military style that glorifies violence and extreme views. Such currents could also take their roots in Europe and in the automotive industry, which could further complicate the situation for VW and its employees.
The developments are a challenge that goes far beyond the limits of the automotive industry. In addition to the current crisis at VW, there is also the question of how such extreme political currents can be understood in the global context of the economy. While VW tries to support the wings, it remains to be seen whether the company is able to do the necessary change in order to reconcile the market and man.