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News 2026-09-21 10:03 UTC

VW to ramp up restructuring programme after profit warning

Sept 21 (Reuters) — Volkswagen will ramp up its turnaround programme, the head of the Volkswagen brand said on Monday after the world's second-largest automaker flagged €10 billion ($11.5 billion) in one-off costs, deepening a crisis that triggered the group's biggest-ever restructuring. "I had hoped that the measures