At Volkswagen, numerous jobs and entire production sites face an uncertain future. Source: SIPA USA / Stefan Rampfel/dpa/picture-alliance/Sipa USA/AAP Image
The ongoing crisis at Volkswagen is not only being discussed in the media, but is also affecting the German population. Prof. Dr. John de New is a Professorial Fellow at the Institute of Applied Economic and Social Research at the University of Melbourne and explains what led to the crisis of the German car manufacturer and why innovation plays a central role when it comes to international competition.
The ongoing crisis at Volkswagen is not only being discussed in the media, but is also affecting the German population. Prof. Dr. John de New is a Professorial Fellow at the Institute of Applied Economic and Social Research at the University of Melbourne and explains what led to the crisis of the German car manufacturer and why innovation plays a central role when it comes to international competition.