SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE L impact

Volkswagen unveils Future Plan 2030 transformation program

Volkswagen announced its transformation program “Future Plan 2030” with 12 initiatives, aiming for more resilient and competitive operations under demanding market conditions. The company also targeted 50,000 job cuts, a 9% margin, and a three-figure billion euro investment.

VOW

WASHINGTON (dpa-AFX) - German automotive major Volkswagen AG (VLKAF.PK, VOW.DE) announced its transformation program 'Future Plan 2030' with 12 initiatives, aiming for more resilient and competitive operations under demanding market conditions.As part of the program, the company plans a Group-wide…