German carmakers have problems – level 2

German carmakers have problems

25-09-2024 07:00

Volkswagen, Germany’s biggest employer, is thinking about cutting many jobs. This is because car sales in Germany, including those from Mercedes-Benz and BMW, are falling.

Although Volkswagen denied reports of laying off 30,000 workers in Germany, it still says it needs to reduce its costs. Germany’s Economy Minister, Robert Habeck, offered help, but Volkswagen needs to decide how to solve its problems.

The main reason for this situation is a drop in sales in China, which used to be a very big market for German car companies. Now, China’s car market is not as strong, and there are more Chinese car makers. The German government may help, but Volkswagen will still need to make some difficult decisions.

Difficult words: deny (to say that something is not true), lay off (to let go), decision (what you decide to do).

You can watch the original video in the Level 3 section.

What is the main reason for Volkswagen's consideration of job cuts and what challenges does the company face in solving its problems?

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