Volkswagen faces tougher next steps after cost-cut agreement
Bernstein says VW’s recent agreement to further cost cuts was positive, but the next steps are likely harder after VW last week slashed guidance due to around 9 billion euros of fresh charges and now expects a 2026 operating return on sales of …
Volkswagen’s recent agreement on further cost cuts was a positive surprise, but Bernstein analysts said the next steps will be much harder. VW group last week cut guidance because of around 9 billion euros of fresh charges. The German carmaker now expects a 2026 operating return on sales of up…