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toomuchtodo 4 hours ago

I don't know man, they're cutting 100k jobs to keep the dividends flowing (The Porsche-Piëch family controls a majority of VW's voting rights through Porsche SE) while closing factories. That strikes me as "preserve the share price and profits while the ship sinks" versus investment to scale EV sales to compete.

https://news.ycombinator.com/item?id=49556939

https://www.theguardian.com/business/2026/jun/26/vw-cut-jobs...

JumpCrisscross 3 hours ago | parent [-]

> versus investment to scale EV sales to compete

You can do both if you convince Berlin or Brussels to give you cash.

toomuchtodo an hour ago | parent [-]

Are Berlin or Brussels giving VW cash?