Germany’s chancellor backs auto industry as Volkswagen considers unprecedented plant closures
The EU should refrain from “punitive” fines on carmakers that fail to meet emissions standards, the German chancellor has said, adding to the heated debate on the future of the key European industry.
Olaf Scholz, who is running for re-election in February at a time when Germany’s biggest carmaker, Volkswagen, is planning unprecedented plant closures in its home market, made the comments after meeting fellow EU leaders in Brussels.
More Stories
Xi Jinping tells Alibaba’s Jack Ma and Chinese tech chiefs to ‘show their talent’
‘We’re clearly heading towards collapse’: why the Murdoch empire is about to go bang
Hackers steal $1.5bn from crypto exchange in ‘biggest digital heist ever’