The VW logo is seen on an ID.7 electric car inside the car storage tower at the Wolfsburg Volkswagen Plant, the worldwide headquarters of the Volkswagen Group, in Wolfsburg, Germany on November 15, 2024. Battling a deep crisis, Volkswagen is eyeing an unprecedented cost-cutting drive and has warned it could close factories in Germany for the first time in its history. (Photo by Tobias SCHWARZ / AFP) (Photo by TOBIAS SCHWARZ/AFP via Getty Images)