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BBC World Service – World Business Report, Why’s Europe’s car industry stuck in neutral?

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BBC World Service – World Business Report, Why’s Europe’s car industry stuck in neutral?

Volkswagen warns it could close plants for the first time in its history – we are taking a look under the hood to try and work out what’s going wrong.

We start in Germany, where perhaps the biggest warnings yet about the pressure on Europe’s car industry have come from one of the continent’s biggest firms. Volkswagen – VW – has warned it could close factories for the first time in its history as it comes under increasing financial pressure.

Also today the boss of one of the world’s biggest delivery firms warns of disruption to global trade,

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