Automakers

VW brand agrees to $11 billion cost savings push with labor leaders

VW Autostadt 2023
(Krisztian Bocsi/Bloomberg)
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By:
from wire reports
December 19, 2023 03:20 PM

Volkswagen Group and its powerful labor leaders have agreed measures to save 10 billion euros ($11 billion) to help boost low returns at the company's namesake brand.

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