Like Toyota, Volkswagen is an automaker with a reputation for producing fuel-efficient cars. Staples include the Beatle and the Jetta. Some people are getting excited about the revived hippie bus from the 1970s, that Volkswagen plans to bring back in 2022. In 2019, the company grossed $275,200,000,000.
With a focus on fuel-efficient and electric vehicles, Volkswagen may survive the economic collapse of 2022, but not without changes. The company is based in Germany and sells many of its cars in Europe. This area was hit hard early in the crisis and nearly had a complete shutdown. Concerns of a second wave prompted Europe to close their borders again, further limiting how much people drive. The company may have to reorganize and focus more on all-electric vehicles to survive the economic collapse and concern about climate change.