German Manager Magazine: Volkswagen: Car company sells its controversial factory in Xinjiang003771 in China

Volkswagen has sold its controversial factory in northwest China’s Xinjiang province. The Wolfsburg team announced this on Wednesday. The buyer is the Chinese state-owned company SMVIC, which is active in the used car business. The Urumqi location in northwest China has long been criticized for human rights violations against members of the Uighur minority. VW… Continue reading German Manager Magazine: Volkswagen: Car company sells its controversial factory in Xinjiang003771 in China

German FAZ: The steel is in the triple clamp008231

Germany’s largest steel manufacturer Thyssenkrupp Steel calls it a “comprehensive industrial future concept”, the works councils speak of a “brutal clear-cutting plan”: around 11,000 of the 27,000 jobs in Thyssenkrupp’s steel division are to be cut or outsourced by 2030, one location is to close, and costs are to be incurred sink – all of… Continue reading German FAZ: The steel is in the triple clamp008231