Volkswagen makes case for deep cuts as Chinese competitors close in on Europe

It already has a new 'model' but the effects don't yet show up in headline statistics. The new German model has three parts:

1. increasing domestic investment with fundamental capital market reforms (like the new pension system and startup regulations)
2. implementing the strategy and detailed plan to grow 6 industries (quantum, silicon products, fusion, biotech, battery, AI)
3. increasing domestic demand (higher wages, longer hours worked, modernization of public sector)

But it is easier to sell out to China. Short term profit, no need for long term planning and risjs that those include. Those manufacturers no longer care for their brand or long term sustainability. In such case closing factories and selling what they have makes most sense. In the end they still can cry 'China bad' anyway.

which german ev models do you rate as shit? i cant think of any....

Actually they just need to EVs.

But they won't as lobbying for corrupt politicians and media to tell the lie how ICEs are totally viable forever because thermodynamics don't exist and synthetic fuels will solve all issues is cheaper in the the short run than actual work. And in the long run... no one cares because those people then will already have moved on to the next companies to destroy for short-term gains.