More job cuts and factory closures looming for Volkswagen

Volkswagen's future looks bleak with more job cuts and potential factory closures on the horizon, despite celebrating 75 years in South Africa this year. The company's struggles reflect broader challenges in the automotive industry, where shifting consumer preferences and regulatory pressures are forcing major players to rethink production strategies. This shake-up could have significant implications for local economies and workers, highlighting the volatile nature of global manufacturing.