Recall, to VAG’s major shareholders, it doesn’t matter where a VW is made since they would always collect and distribute the profit from its sale. To auto workers and their local communities on the other hand, it makes dramatic difference whether the VWs on their streets were made close by, or a continent away.
Close by meaning in Eastern Europe btw.
German car maker lobby has been propping up Orbán since 2010.
Yeah propping up the organ isn’t ideal. At least paying Hungarian workers benefits the EU economy.
Yeah, those factories have started to fire Hungarian workers as they started to unionize, and are now hiring seasonal staff from Southeast Asia.
There are outsourcing companies advertising people from the Philippines by saying they don’t know their rights and can be paid below minimum wage.
All the money from this is either going to German sharehoarders or Orbán’s overseas accounts from the taxes they pay.
I’m afraid China hasn’t been playing fairly in the markets by producing certain goods at a cost to remove competition. It’s going to get even worse after the state just declared all mineral rights belong solely to the nation.
