Germany: Will city of Wolfsburg survive Volkswagen's crisis? DW 10/20/2024
Briefly

Wolfsburg, constructed under Hitler’s regime in 1938, exists solely due to its association with the Volkswagen factory, highlighting the city’s dependence on the automaker.
As VW faces a significant crisis, it plans to close plants and lay off thousands, a concern for the city where more than half its residents rely on the company.
The typical German dream for VW workers showcases the lingering impact of high wages on local real estate, despite emerging uncertainties surrounding job security.
With recent developments at VW, the ongoing tradition of stability within Wolfsburg’s community faces unprecedented challenges, signaling a potential shift in the city's future.
Read at www.dw.com
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