The car manufacturer VW is in the depths of a crisis and wants to save money. "The board wants to close at least three VW plants in Germany," explained works council chairwoman Daniela Cavallo. Massive staff cuts and wage cuts are also on the table, and entire departments are to be relocated abroad or outsourced. Management itself has not commented on this. In the middle of discussions about savings plans, VW and IG Metall have met for the second round of collective bargaining. Negotiations can only begin if there are alternatives to plant closures and redundancies, the union said. Otherwise, they are preparing for "further escalation", for example warning strikes. A declining demand for combustion engines and electric cars has been troubling the company for some time. According to VW CFO Arno Antlitz, VW is selling 500,000 fewer cars in Europe than in 2019. What is the future of the Wolfsburg-based company? What role does Germany still play as a location? What is the current state of negotiations between VW and the employee side? ZDFheute live speaks with automotive expert Beatrix Keim from the Center Automotive Research (CAR) and with ZDF reporter Oliver Deuker in Hanover. #VW #Car #Crisis 00:00 Intro 01:16 Volkswagen in a global comparison 02:53 Automotive expert Beatrix Keim on the situation of VW in Germany 10:38 ZDF reporter Oliver Deuker on the ongoing collective bargaining negotiations 19:35 Automotive expert Beatrix Keim on the current wage demands and savings opportunities ----- Here on ZDFheute News you can find out what is happening in the world and what concerns us all: We provide insight into the world of news, explain the background and address social debates. Discuss with us in live streams and form your own opinion with the facts that we present to you. Subscribe to our channel so you don't miss anything. You can always stay up to date at http://www.ZDFheute.de/.