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Volkswagen To Close German Factories For First Time Ever

Wall Street Millennial | May 3, 2026



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In this video we look at recent statements by Volkswagen that they may close factories in Germany for the first time in the company’s history.

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#Wallstreetmillennial #volkswagen #germany

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0:00 – 0:59 Intro
1:00 – 3:36 Volkswagen Background
3:37 – 7:30 Electrification
7:31 – 8:28 Declining Sales
8:29 – 10:21 China
10:22 – 12:52 Western Europe
12:53 – 14:49 Closing Factories
14:50 Future Outlook

Written by Wall Street Millennial

Comments

This post currently has 41 comments.

  1. @DosDosDosDosDos787

    May 3, 2026 at 10:32 pm

    I am from India volkswagen is not investing in the indian market and only cares about china while japanese car makers like suzuki, Toyota are setting up factories and working with locals and creating jobs indians are choosing japan over Germany Germany needs to wake up ❤

  2. @Joey_OLIVER

    May 3, 2026 at 10:32 pm

    If you look at VW through the eyes of the media you'll see a massive campain to undermind VW quality and engineering as well as the same focus on most of the German auto industry. The EA888 VW engine reliability and the Audi high maintinance cost indicates that a massive shift is underway for a few future auto giants to claim the market. It's unclear at this point just what the EV showroom will look like, but not anything like what was predicted from just a few miles back. It's my guess that Wall Street will set the tone for future transport. Ask Swchinn they will most likely know.

  3. @EndOfThings77

    May 3, 2026 at 10:32 pm

    There is no hope for EU or the US. Unbridled corruption and the exploitation of the working class, the constant greed by the ruling class all came home to roost in these countries.

  4. @tonylam-u1t

    May 3, 2026 at 10:32 pm

    Mistakes have consequences, let VW go under. It is so big a company there were no ethics, got caught cheating on pollution. Now you have an excuse to deport all the migrants, especially those that want Sharia law, you no longer have a labor shortage, and you cannot afford to pay the benefits. The country obviously is not broke yet, you can afford to fund the Ukraine war, and money wasting stunts like closing the nuclear plants. You laughed at Trump a few years back, now Trump have the last laugh.

  5. @VelcroElGato

    May 3, 2026 at 10:32 pm

    I remain satisfied with my 12 year old Toyota SUV. A quarter million miles on it and no repairs except tires and one battery. Change the oil my self every 7000 miles. Love that it is naturally aspirated, no PCV valve, and long since burned out catalytic converter. I fully expect that here in the USA we will soon see the skills of Cuban auto mechanics keeping older cars on the road for decades. Rebuild, repair, inovate. After all it is just a way to get from here to there. No need to try to save the earth when billions of people on this planet shit in the street anyway.

  6. @fransschepens3

    May 3, 2026 at 10:32 pm

    Dat komt ervan als je niet naar je klanten luistert. Niemand wil die elektrische rotzooi; je actieradius krimpt dramatisch en batterijen gaan snel stuk. Dus niemand koopt een tweedehands accuauto.

  7. @denniswoo9334

    May 3, 2026 at 10:32 pm

    This is the consequences of elected stupid learners. Blindly support Ukraine unnecessarily had push German beyond rescues. This war was unnecessary if German listen to Angela Mercel advice not to include Ukraine in NATO. Olaf, Annalena Baerbock and Habeck just acted like 3 stooges that messed up German economy and political leader in Europe. They were stupidly used by US, and now the German are paying dearly for their elected leaders.

  8. @bikesbabes4721

    May 3, 2026 at 10:32 pm

    It is amazing that governments can go into war with Russia, who supplies their ennergy, then be surprised their industry cannot compete.
    Its amazing that government can mandate EV's, then be surprised they cannot compete with Tesla & the entire Chinese state sponsored EV complex.
    Am I a genius? Or is Auntie Angela really dumb?

  9. @mercedesvan-doors34

    May 3, 2026 at 10:32 pm

    VW was a pioneer in built in obsolescence, this shows itself in first o use plastic engine components like water pumps and over stressed under sized engines, some Golf engines were designed so they couldn't be rebuilt. I've worked on enough of them to know they were never reliable with poor wiring and other issues but they were at least simple to repair now there complex and cheaply built. What VW has has a truly excellent marketing department that keep[s the fan boys onside. I currently drive a 22 year old British Rover with 200K miles and still going strong and these cars were slated for poor quality, still on the original turbo and water pump, try that one on a VW.

  10. @pandaDotDragon

    May 3, 2026 at 10:32 pm

    German industry is focused on the precision mechanical industries. Basically everything needed to make a regular car.
    However EVs are just smartphones with electric motors, no precision parts are required. That's why China invested so much in that sector. Because they control the business of the batteries but also because they don't need the decades of knowledge and experience to be able to compete with The Europeans and the Japanese.

  11. @robertwoodhouse-bm7kt

    May 3, 2026 at 10:32 pm

    sell the three luxury brands to raise some cash. Ditch Seat and the truck company and Skoda. That leaves you with VW, Audi and Porsche. Cut back the number of models being made, you need to scale remaining models to get real economies of scale like Tesla. VW spent is spending billions on Rivian who does not have scale and billions on getting older versions of chinese cars. Should have spent billions on Tesla for their software, 48V architecture and build approach. Only Tesla makes quality EV cars at a profit. Ditch pure ICE cars and at least make some hybrids but pure EV is the future. Automate like Tesla, ditch the unions and give stock options to employees you keep.

    Close the 4 factories and then look at the remaining ones. Ask employees their to vote to ditch the unions, they vote for the union close the factory. I see videos of VW factories, old guys (like me) pladding around doing some menial task and gets paid a fortune and they have a job for life. VW will not survive unless they change this.

  12. @brianphillips4554

    May 3, 2026 at 10:32 pm

    I was amazed when VW announced they were going all electric. Not one of my circle wanted a car with limited range and took a minimum of 30 minutes to refill its battery charge if out on the road. That is if one could get on a charger unit immediately without queuing . As an aside, a relative of mine purchased a VW EV. It was so bad he returned it to the dealership within 3 weeks of purchase and demanded the return of his money. The dealer returned his money without any quibble obviously acknowledging how bad the car was.

  13. @Supergamer-k4i

    May 3, 2026 at 10:32 pm

    Here is the irony in all of this: on the day VW announced they are closing 3 factories in Germany that would effect 250 000 workers, Germany’s foreign minister was in Ukraine and made a bold statement of never stopping supply of weapons and money for the war😂

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