Volkswagen is poised for a boardroom showdown following reports that the auto giant is weighing up shutting four factories and implementing 100,000 job cuts.

The German car maker’s plan to axe tens of thousands of jobs and close four factories is just the start, as it eyes selling off assets to combat Chinese brands.

Ost gegen West, politische Mitte gegen Rechtsaußen: Die drohenden Einschnitte im Volkswagen-Konzern sorgen für Aufruhr in der Politik. An den Standorten geht die Angst um.