VW calls situation ‘serious’ and insists on tough cost-cutting
Volkswagen is confronted with stormy weather. A sharp decrease in earnings calls for serious cost-cutting efforts /Volkswagen
In the third quarter of 2024, Volkswagen Group saw its operating result shrink by 41.7% and its earnings after taxes by 63.7%. The core brand Volkswagen was barely profitable.
Against this backdrop, VW and IG Metall have started the next round of negotiations on the company's collective labor agr
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