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Volkswagen management restructuring plan wins unanimous agreement

Citi analysts say Volkswagen’s future is more secure after a unanimous agreement on management’s restructuring plans. The bank notes not all details are disclosed, but the deal highlights key ideas including a cost plan.

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Volkswagen's future looks far more secure after the unanimous agreement on management's restructuring plans, Citi analysts said. The bank said not all of the plans have been detailed, but the agreement highlights a number of important ideas. Volkswagen has formulated a cost plan, tak…