This problem has been foreseeable for decades. After World War II, the Beetle was produced in Wolfsburg on behalf of the British military government (Lower Saxony was part of the British occupation zone). The British also launched what would later become the world’s largest industrial trade fair for many years in Hanover. More on that later.
VW’s problem is the decisive influence of politics, since the state of Lower Saxony owns 20% of the shares. No one gets ahead at VW who doesn’t align with the state government’s political agenda. For decades now, this agenda has been left-wing and green: green steel, CO2-reduced production processes, and the transition to exclusively electric vehicles. This was coupled with the highest industrial wages and virtually permanent employment for German permanent workers. Management AND employees simply didn’t want to change anything that would curtail their own privileges. Now they’re paying the price! GAME OVER!
Lower Saxony’s political parasites have no options left for action—not just in this state, but anywhere—due to the total debt crisis. But there’s more to this region than just VW! Deutsche Messe AG is owned equally by the state of Lower Saxony and the city of Hanover. Here, too, leadership positions are awarded not based on proven abilities but on political connections.
The era of in-person trade shows is definitely over; Germany is no longer an industrial nation, and if you’re not only forbidden from cutting political and socialist dead weight but also lack the ability to do so, the next company will simply go under.
Recently, another of the world’s best cruise ship builders, the Meyer shipyard in Papenburg, has joined the list.
The government is providing billions in guarantees. But after the crash, with all those gigantic ships, who will even be able to go on vacation anymore?
In the first quarter, Germany irretrievably lost 483,000 industrial jobs. In return, 160,000 new jobs were created in public administration.
This problem has been foreseeable for decades. After World War II, the Beetle was produced in Wolfsburg on behalf of the British military government (Lower Saxony was part of the British occupation zone). The British also launched what would later become the world’s largest industrial trade fair for many years in Hanover. More on that later.
VW’s problem is the decisive influence of politics, since the state of Lower Saxony owns 20% of the shares. No one gets ahead at VW who doesn’t align with the state government’s political agenda. For decades now, this agenda has been left-wing and green: green steel, CO2-reduced production processes, and the transition to exclusively electric vehicles. This was coupled with the highest industrial wages and virtually permanent employment for German permanent workers. Management AND employees simply didn’t want to change anything that would curtail their own privileges. Now they’re paying the price! GAME OVER!
Lower Saxony’s political parasites have no options left for action—not just in this state, but anywhere—due to the total debt crisis. But there’s more to this region than just VW! Deutsche Messe AG is owned equally by the state of Lower Saxony and the city of Hanover. Here, too, leadership positions are awarded not based on proven abilities but on political connections. The era of in-person trade shows is definitely over; Germany is no longer an industrial nation, and if you’re not only forbidden from cutting political and socialist dead weight but also lack the ability to do so, the next company will simply go under.
Recently, another of the world’s best cruise ship builders, the Meyer shipyard in Papenburg, has joined the list. The government is providing billions in guarantees. But after the crash, with all those gigantic ships, who will even be able to go on vacation anymore?
In the first quarter, Germany irretrievably lost 483,000 industrial jobs. In return, 160,000 new jobs were created in public administration.