German automotive giant Volkswagen is expected to stop manufacturing vehicles at its site in Dresden after Tuesday, marking the first time in the carmaker’s 88-year history that it will close production in Germany.

Axar.az informs according to the Financial Times (FT), the closure of the plant’s production line comes as Europe’s largest auto manufacturer is under cash flow pressure as a result of weak China sales and demand in Europe, as well as U.S. tariffs weighing on sales in America.

Late last year, the company announced it would cut 35,000 jobs in Germany by 2030 while also reducing production capacity.