Here is a detailed account of the recent developments: Volkswagen, Europe's largest carmaker, struck an agreement with unions on 20 December to cut 35,000 jobs while reducing factory output in Germany by nearly 25%. Although the agreement does not include immediate plant closures, the company confirmed earlier in December that its Audi plant in Brussels will cease production by 28 February due to a lack of viable alternatives to closure. In Switzerland, automotive supplier Feintool announced on 3 December the closure of one of its German sites, resulting in up to 200 layoffs. French car parts manufacturer Valeo is also facing significant restructuring. Sources revealed on 27 November that the company plans to cut approximately 1,000 jobs across Europe, which includes the closure of two plants in France. Carmaker Stellantis disclosed on 26 November its intention to shut down its Vauxhall van factory in Luton, England, a move that jeopardises over 1,000 jobs.