Automakers

VW warns of plant closures, forced layoffs in Germany in cost-cutting drive

 A car conveyor bridge at VW's Wolfsburg plant.
A car conveyor bridge at VW's Wolfsburg plant. (VW)
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By:
from wire reports
September 02, 2024 01:56 PM

BERLIN -- Volkswagen Group said it can no longer rule out plant closures in Germany as it seeks ways to save an extra several billions of euros at its core VW brand.

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