Germany’s famous Volkswagen company has decided to close its factories in the country.
It is stated that this decision has been taken with the aim of cutting costs and thereby maintaining the company’s financial position in a good manner.
In particular, the reason for this has been the impact on the vehicle market in Europe, including Germany.
With the closure of these factories, there has been a job crisis for thousands of people. Volkswagen is still a popular car model all over the world.
Volkswagen Beetle is still a popular car in Sri Lanka too.