Germany's Lower Saxony premier, a major Volkswagen shareholder, suggested producing China-developed models locally to secure jobs and boost plant capacity. This comes amid reports of potential factory closures and significant job cuts at the automaker. The move could foster innovation and stabilize employment, countering the trend of production shifting abroad. Porsche is also reportedly considering bringing Cayenne SUV production back to Germany.

Volkswagen is contemplating the closure of four German factories and up to 100,000 job cuts due to intense competition from Chinese automakers.

More than 45,000 jobs are at risk amid mounting competition from Chinese rivals