Volkswagen’s Strategic Cost Reduction Plan for a Brighter Future
Volkswagen Group has launched an all-encompassing new cost-cutting plan, which will determine the workings of the German automaker in the coming 3 years. The company said in a closed-door briefing attended by CEO Oliver Blume and CFO Arno Antlitz that it had a goal of cutting operating expenses by 20 percent in 2028. The announcement was hastened due to a...
