FRANKFURT -- Volkswagen Group plans to reduce costs at its namesake passenger cars brand by 5 billion euros ($6.8 billion) by 2017 and boost productivity as it seeks to lift sagging profitability.
FRANKFURT -- Volkswagen Group plans to reduce costs at its namesake passenger cars brand by 5 billion euros ($6.8 billion) by 2017 and boost productivity as it seeks to lift sagging profitability.
The Japanese automaker will ditch about 20 performance-based metrics for a singular metric: new-car sales. The Nissan One program, which launches June 3, ties dealer variable margin to achieving retail volume goals.