Saturday, June 01, 2024

China's Great Wall Motor shuts Europe headquarters in Munich, fires all staff including management

Good news! 

If only Western governments were not so foolish to massively subsidize electric vehicles! There is no need for it! A serious waste of tax payers money in the name of the Global Warming hoax and Climate Change religion! E.g. why are EVs so expensive in the first place?

"Great Wall Motor is closing its European headquarters in Munich on Aug. 1 and laying off all 100 employees, including the management team, after disappointing electric vehicle sales in the continent's biggest auto market, Nikkei Asia has learned."

China's Great Wall Motor shuts Europe headquarters, fires all staff: sources - Nikkei Asia Carmaker becomes latest Chinese outfit to cut European plans after poor German sales

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