RIP Volkswagen? The downfall of a German giant
Sander Tordoir, of the Centre for European Reform, says if VW plans to let Chinese partners into its factories, it has to set the terms. This should include requirements to employ German workers and engineers and to transfer technology.
“Otherwise, the fear would be that insofar as Chinese car companies acquire or build plants in Europe, they will be relatively low value-add assembly plants for Chinese embedded content.”