Volkswagen has ‘a year, maybe two to turn around’, financial chief warns

Carmaker tells staff it expects to sell 500,000 fewer vehicles than before Covid as it defends plan to close German plants

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Volkswagen says it has “a year, maybe two” to adapt to a slump in European car sales, as it seeks to justify proposals to close factories in Germany for the first time in its history.

The carmaker told workers at a meeting at its Wolfsburg headquarters on Wednesday that it expected to sell 500,000 fewer vehicles than before the Covid pandemic, “the equivalent of around two plants”, and predicted it would not return to its 2019 level.

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The car made pedestrians second-class citizens. Don’t let driverless vehicles push us off the road altogether | Adam Tranter

If we want autonomous tech to succeed it must be designed to share space with us, rather than forcing us to adapt to it Adam Tranter is the co-host of the Streets Ahead podcast. He was formerly West Midlands cycling and walking commissioner under mayor Andy Street This week, the UK government announced its plans to fast-track driverless vehicle trials in the UK. One of the key companies involved noted that London presents a significant challenge: “It has seven times more jaywalkers than San Francisco.” There’s more than one problem with that statement – and it encapsulates so much of what’s already going wrong in the adoption of driverless cars. For a start, “jaywalking” isn’t even a thing in the UK. We thankfully have no such concept or offence. Unlike in many US cities, pedestrians here are free to cross the road wherever they see fit. And thank goodness for that. Adam Tranter is the co-host of the Streets Ahead podcast. He was formerly West Midlands cycling and walking co...

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