Weekly Recap: €16bn plan, 60k job cuts and no models beyond 2034
Volkswagen AG Pref (XETR:VOW) is executing a €16bn restructuring with up to four German plant closures, ~60,000 jobs cut and targeted cost allocations, selling Osnabrück to Aurelius while exploring JSW partnership in India and weighing asset sales like Ducati amid union wage pact tensions.Previous…
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