A plant located in Martorell, Spain, is producing the ID. Polo model for sale across Europe, noting high demand in the German market.
1 report, 1 independent
Updated Sep 9
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What happened
A plant located in Martorell, Spain, is producing the ID. Polo model for sale across Europe, noting high demand in the German market.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Europe and Germany are facing industrial shifts, with the Volkswagen Group being involved in the changes.Also in this story
- Herbert Diess addresses the future of the German auto industry, referencing his experience at Volkswagen Group and BMW.
- Volkswagen Group faced challenges with its first electric car in Australia while Klaus Zyciora oversaw the design of the ID.4 and ID.5 models.
- High domestic labor costs are cited as a factor reducing Volkswagen Group's profits.
- Nomura analyzes the economic situation in Europe, noting signs of collapse and political shifts in Germany.
The entities involved
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Martorell
municipality in Catalonia, Spain
Nothing else this week.
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Volkswagen
German automotive brand; manufacturing subsidiary of Volkswagen Group
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Europe
terrestrial continent located in north-western Eurasia