Volkswagen Closes Dresden Plant: First in 90 Years Amid EV Pressures
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Dec. 20, 2025, 6:10 p.m.
Volkswagen has closed its Dresden plant, marking the first such shutdown in Germany in nearly 90 years, due to financial pressures, weak demand, EV transitions, Chinese competition, and US tariffs. This affects 35,000 jobs by 2030, with the site repurposed for AI and robotics research. The move signals broader challenges for Europe's auto sector.