SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

VOW transformation plan approved; targets 9% operating margin by 2030

VOW said a transformation plan has been approved, targeting a streamlined product portfolio, reduced costs, and operational excellence. Financial targets include a 9% operating margin by 2030, with workforce adjustments and immediate implementation.

VOW

A comprehensive transformation plan has been approved, targeting a streamlined product portfolio, reduced costs, and operational excellence.

Financial targets include a 9% operating margin by 2030 and significant workforce adjustments.

Implementation begins immediately.Original document: Volkswagen…