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Volkswagen CEO's Speech to Workers Drowned Out By Boos After He Says Company 'Isn't Operating in a Fantasy World' (www.latintimes.com)

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The carmaker has been in heated discussions with unions after announcing this fall that it would have to take drastic measures to cut costs

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[–] [email protected] 1 points 17 hours ago

https://companiesmarketcap.com/volkswagen/total-debt/

Sales slowing and “Total debt on the balance sheet as of September 2024 : $219.94 Billion USD”

I don’t think the point of negative profit isn’t too far with these numbers, especially if sales keep going down. They keep taking on more debt than they make profit for many years.