Volkswagen is preparing to allow Chinese electric car manufacturers to take over production lines in its factories Stressive factories As the auto industry in Germany suffers from recession.
Executive officials of the giant auto industry company indicated that they will be open to relations with Chinese competitors to use some of the excess energy in their factories while reducing production.
Gernot Dolnar, CEO of Audi’s commercial brand of Volkswagen, He told the Financial Times newspaper Dealing with electric car companies would “reduce the entry barrier of these competitors,” saying: “Certainly, this is possible to think.”
“We are open to any discussion on any topic with any partner. In a dynamic world, you have to keep all options open,” David Powers, Financial Director of Volkswagen, whose name is called, told the newspaper.
It comes after Volkswagen last month She abandoned her plans to close its German factoriesCutting union pressure to keep their positions open despite the decrease in sales.
The company argued that its factories were built to supply the European car market as it was selling 16 million cars every year, but there is now a request for only about 14 million cars. This means that it mainly does not need two factories.
However, it has dropped plans to close the sites after agreeing with the unions to cancel the reward payments and reduce more than 35,000 jobs by 2030. It also works to reduce production in factories instead of closing factories.
At that time, Volkswagen said that the deal would help it achieve more than 15 billion euros (12.4 billion pounds) of wage savings.
Evidences that indicate that German car manufacturers are studying deals to use the extra space in their factories, while facing fierce competition from Chinese electric car makers, who overwhelm Europe with cheaper vehicles.
The European Union imposed customs definitions on the imports of Chinese electric cars last year, amid allegations that Beijing had been providing unfair subsidies that allowed the country’s manufacturers to undermine the European industry.
However, German auto manufacturers are fighting to catch up with the manufacture of electric cars after years when China was a leader in the field of innovation.
The contraction in the auto industry in Germany raised concerns about its wider economy, as it was historically dependent on this sector.
Earlier this month, numbers revealed that the economy I shrunk for the second year in a row In 2024, according to the German Statistics Office, the economy shrinkled by 0.2% in 2024, after a decrease of 0.3% in the previous year.
“Germany is going through the longest stage of recession in the post -war history. It is also very backward in international comparison.”