Volkswagen, Europe's largest carmaker, is set to cut tens of thousands of jobs and close several plants in Germany as it grapples with rising costs and fierce competition in the electric vehicle market.

Montadora deve fechar quatro fábricas na Alemanha e não informa se Brasil será atingido

Volkswagen is reportedly preparing for the most radical restructuring in its history. Up to 100,000 jobs could go worldwide, twice as many as previously known. Four German plants…