EconomyVolkswagen plans to cut 50,000 jobs and halve its vehicle lineup
Volkswagen Group says it plans to eliminate 50,000 jobs and reduce its vehicle offerings by half. The German automaker is under pressure from intensifying Chinese competition in Europe and tariff costs on shipments to the United States.
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CNN★★★☆☆2026-09-04 01:01Original
Volkswagen plans to cut 50,000 jobs and halve its vehicle lineup