Volkswagen Group expects a recovery in China’s passenger car market growth this year once supply-chain stresses and a wave of COVID infections following the country's pandemic reopening ease.
Volkswagen Group expects a recovery in China’s passenger car market growth this year once supply-chain stresses and a wave of COVID infections following the country's pandemic reopening ease.
The sweeping belt-tightening effort will involve hundreds of job cuts in the U.S. and factory consolidation in Mexico.