Volkswagen supervisory board strikes turnaround deal, shares rise
Volkswagen’s XETR:VOW supervisory board late Thursday struck a major turnaround agreement to avert a clash with unions and shareholder Lower Saxony, sending shares higher.
Volkswagen's XETR:VOW supervisory board late on Thursday struck a major turnaround agreement that averted a clash with unions and shareholder Lower Saxony, sending its shares higher.Volkswagen, one of Germany's most storied industrial firms, has undergone numerous structural changes throughout its…