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VW's CEO Wins Backing for Turnaround Plans

Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals. Melanie Boeff e...

By Dhallo News · September 4, 2026 at 9:20 PM IST

Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals. Melanie Boeff explains. (Source: Bloomberg)

SOURCE: Bloomberg Markets

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