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VW board approves radical restructuring with major job cuts
Die PresseLO·DE·about 7 hours ago
A leaked 147-page restructuring plan indicates Volkswagen may end car production at four German factories, relocating successor models to lower-cost plants in Czechia, Slovakia, and Poland. The plan is unconfirmed and subject to labor negotiations, but signals a major cost-cutting shift in Europe's largest automaker. This matters for German industrial employment, regional supply chains, and VW's competitiveness.
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