Dr. Guy Bechor, writing in his financial channel 'Hakaspe', assesses that Volkswagen faces an existential risk and may close, raising the question of who would still buy European cars. Bechor promotes his free the source amid coverage of the German automaker's troubles.
Dr. Guy Bechor, a prominent Israeli economic analyst, warned on Friday in his the source 'Hakaspe' that Volkswagen AG may be facing an existential crisis and could shut down, writing: 'The German disaster. Will Volkswagen close?' He also questioned the wisdom of continuing to buy European cars. Bechor was promoting his free financial channel, which he describes as the leading Telegram economics channel in viewership and influence.
As The Zioneer reported earlier Friday, the Financial Times reported that Volkswagen is planning to cut up to 100,000 jobs and close four German factories amid intensifying competition from Chinese automakers. Bechor's assessment, while not citing specific new sources, reflects a growing sentiment of alarm among economic commentators regarding the German auto industry's structural challenges.
Bechor's analysis is his own opinion; no additional official confirmation or independent reporting is available at this time.The Zioneer notes that the vast majority of its curated sources are in Hebrew.
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