TechAutomotive Newsabout 1 hour ago
VW targets complexity cuts for profitability
5 min read
Volkswagen Group is targeting complexity cuts rather than nameplate reductions to improve profitability. The ID5 may be axed as part of trimming unprofitable model lines. CEO Oliver Blume faces an uncertain restructuring plan after the board rejected a revival plan, lacking support from labor and Lower Saxony.
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