Key Takeaways Volkswagen halted production at Dresden plant, marking the first factory closure in Germany in 88 years.The shutdown affects jobs and follows weak EV demand, tariff pressure, and high costs impacting operations.The Dresden site will be reused into a research hub with TU Dresden, focused on AI, robotics and chip design.Volkswagen (VWAGY) has officially halted production at its Dresden plant in Germany due to tariff pressure, weaker EV demand and high operating costs.The company has struggled un ...