Anthony Macdonald

speaker

4,537 appearances 16 recordings 1 series first heard Apr 2026 last heard 2d ago

Anthony Macdonald’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 16 in all, peaking in Sep 2026 with 4.

Appearances

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Chanticleer · Ugly choice between stagflation and recession, China's EV shock spreads & Bathla mess grows · 4 Sep 2026 podcast

So it's margins are down. voice-verified

The big cost problem is labor. voice-verified

I mean, Volkswagen workers earn on average 75 euros an hour. voice-verified

Mm-hmm. voice-verified

In China, it's the equivalent to be 15 euros an hour, right? voice-verified

So five times more, right? voice-verified

Five times. voice-verified

The labor costs in Germany, which sort of explains the whole story. voice-verified

Volkswagen already makes 80% of its cars outside of Germany, including. voice-verified

You know, under joint ventures in China. voice-verified

But that 20% in Germany, it's from factories that are mostly in the same area. voice-verified

I mean, it's really hurting. voice-verified

Management wants to scale it right back. voice-verified

That means lots of jobs. voice-verified

The tricky part though, James, management's got those plans, but it actually needs to sign off from the supervisory board that sort of oversees management. voice-verified

Mm. voice-verified

And the supervisory board has 20 members, 10 of which are employees or union representatives. voice-verified

Yeah, right. voice-verified

Right. voice-verified

So it actually needs voice-verified

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