The Porsche-Piëch family, majority stakeholders of Volkswagen, supports shutting down several German plants due to concerns over global competitiveness and high costs. They reject union proposals for reduced dividends as a cost-cutting measure, fearing it will impact their financial stability. Volkswagen faces declining sales in Europe, heightened competition from Chinese automakers, and a cost of living crisis affecting consumer purchasing behavior. Teljes cikk (Euronews.com)