Volkswagen is facing significant challenges and may have to close sites in Germany for the first time in its history. Germany’s Economy Minister, Robert Habeck, wants to help Volkswagen but believes the company needs to solve most of its problems on its own. The car industry in Germany is struggling with high costs, competition from China, and weak demand for electric vehicles. Habeck is focusing on boosting demand for EVs as the future of driving. The government is considering tax breaks for electric company cars to support the transition away from fossil fuels. Overall, the car industry in Germany is facing tough times, with companies like Mercedes-Benz and BMW lowering their profit outlooks due to challenges in the Chinese market.
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