Bloomberg 😐 Neutral
Volkswagen CEO Blume Pushes for Deep Cost Cuts
Jul 10, 2026 at 10:06 AM

Volkswagen AG Chief Executive Officer is trying to convince the carmaker's supervisory board about his plan for a sweeping restructuring that could ultimately eliminate as many as 100,000 jobs and close four German factories. Bloomberg's Stefan Nicola reports. (Source: Bloomberg)

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