Volkswagen is set to meet regarding restructuring plans and job cuts to address financial losses. The company aims to strengthen its position in the US market, focusing on profitable vehicle segments. Additionally, unions in Germany are negotiating to protect jobs amid planned layoffs and plant closures. By 2027, Volkswagen anticipates significant capacity reductions due to low demand for certain models.
from Auto-Industry-Economic Times https://ift.tt/VOgGS2t
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