Volkswagen is battling problems from weak demand to Chinese competition

Volkswagen is battling problems from weak demand to Chinese competition

Struggling German carmaker Volkswagen is in talks with defence firms to repurpose a plant in northern Germany for the production of military transport equipment, the firm's boss said Friday. 

Europe's biggest auto manufacturer is battling a crisis due to factors ranging from a stuttering shift to electric cars and fierce Chinese competition, and the 10-brand Volkswagen Group is in the process of cutting 50,000 jobs by 2030. 

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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