Patricia Nilsson, Olaf Storbeck and Kana Inagaki
November 1, 2024 – 10:42 am
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An example of Germany’s post-war economic success and now a symbol of Europe’s struggle for industrial relevance, Volkswagen has never been fully in control of its destiny.
From its founding by the Nazis in 1937 and its return to German ownership by the British Army in 1949 to repeated attempts to reform bloated domestic factories, the crisis-prone group has become trapped in a nexus of managers, shareholders, workers and politicians.
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Financial times