The German car industry has warned of a potential collapse of employment in the sector in Europe unless society and workers accept that “bold decisions” are needed to address competition from the Chinese and other rivals. Volkswagen is preparing to formally propose up to 100,000 job losses, a move that has triggered a wave of protests. The statement from the German Association of the Automotive Industry (VDA), which appears timed to coincide with this meeting, went as far as to say that handing some of the country’s car plants over…