The push to “electrify” everything that rolls is turning out to be a lot like the push to “vaccinate” everyone in that both have turned out to have adverse effects. VW hasn’t died suddenly – but it is dying.

Chief Financial Officer Arno Antlitz, speaking to thousands of maybe soon-to-be ex-VW employees, said VW has “one maybe two” years to turn things around else there may no longer be a VW in as little as two years from now. The company is reportedly considering shuttering its plants in Germany – a Hail Mary pass to reduce manufacturing/compliance costs.

The disease process has entered its terminal stage. VW – and Stellantis – and not just them, either – haven’t got much time left.

https://www.theburningplatform.com/2024/09/05/one-maybe-two-years-left-for-vw/#more-348099