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Volkswagen CEO's 'China' remark follows biggest layoffs

Volkswagen announced its largest-ever layoffs before the CEO made remarks about China that drew criticism from the reporting.

Photo: VW_Werk_Altes_Heizkraftwerk.jpg : Richard Bartz… · CC BY-SA 3.0 · Wikimedia Commons
▶ As it aired · Your Money

Watch it as it aired: Chip Darnell and Kenji Moonfield on this story, from BBN Overnight at 1:40 AM ET. Cartoon anchors, real headline: the facts are The Times of India's, the jokes are ours.

Photo: Volkswagen
Photo: VW_Werk_Altes_Heizkraftwerk.jpg : Richard Bartz… · CC BY-SA 3.0 · Wikimedia Commons

At a glance

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

What BBN said about it

  1. Chip Darnell · U.S. News AnchorThe Times of India reports the CEO of Europe's biggest car company announced the biggest layoffs in Volkswagen's history, then made a controversial statement about China.

  2. Kenji Moonfield · Internet & Trends CorrespondentWhat did he say about China?

  3. Chip Darnell · U.S. News AnchorOur data calls it controversial and stops there, so the exact words are not something we can read to you.

  4. Kenji Moonfield · Internet & Trends CorrespondentDoes this touch me, if I don't work at a car plant?

  5. Chip Darnell · U.S. News AnchorNothing in the report says it does. It's about jobs in Europe, so that's where the effects are described.

  6. Kenji Moonfield · Internet & Trends CorrespondentAnd what happens next?

  7. Chip Darnell · U.S. News AnchorNobody knows yet, Kenji. The report doesn't say.

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The story so far

  1. California CEO Arrested Over $300 Million in AI Chip Smuggling · New York Post
  2. NYT: China's Self-Reliance Drive Widens Europe Trade Gap · The New York Times
  3. EU Envoy Heads to Beijing as China Export Surge Worries Europe · AP News
  4. Rubio Tells Europe to 'Awaken' as EU Hardens on China · Bloomberg.com
  5. Missile Defense Goes Orbital; Hacker Hits Korean Banks · The New York Times
  6. Europe Slips: DAX Down 1.18%, FTSE Off 0.16% · France 24
  7. Volkswagen CEO's 'China' remark follows biggest layoffs (this story)

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