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Automakers

VW defends possible German factory closures, says weak sales leave two plants empty

VW managers talk to workers
VW's management faced heckles from workers as they outlined cost-cutting measures including potential factory closures. (Bloomberg)
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By:
Bloomberg
September 04, 2024 06:55 AM

Volkswagen Group's top management defended plans to consider unprecedented factory closures in Germany, saying flagging car sales have left the company with about two plants too many.

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