Volkswagen says it could close plant in Germany for the first time ever
CBSN
Volkswagen says auto industry headwinds mean the German automaker can't rule out plant closings in its home country, while the company is also dropping a longstanding job protection pledge that would have barred layoffs through 2029.
"The European automotive industry is in a very demanding and serious situation," Oliver Blume, Volkswagen Group CEO, said in a statement Monday.
He cited new competitors entering the European markets, Germany's deteriorating position as a manufacturing location and the need to "act decisively."
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Eleven people were stabbed Sunday evening at a Salem, Oregon mission that aids homeless people and a male suspect was in custody, police said.
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