"VW is of central importance to Germany," Habeck told reporters in the city of Papenburg, emphasizing the government's commitment to supporting the ailing carmaker amid economic challenges.
The economy ministry is exploring measures to counteract the recent decline in electric vehicle sales, which plummeted after the withdrawal of government subsidies.
Volkswagen faces a significant crisis, reporting a 14% drop in net profit, with similar downturns affecting BMW and Mercedes-Benz, raising concerns over potential job cuts.
Amidst these difficulties, VW has ended its long-standing job security agreement with unions, putting plant closures and layoffs on the agenda.
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