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Volkswagen to cut 100k jobs, halve model lineup amid China competition
El FinancieroLO·DE · CN·3 days ago
Volkswagen's recovery plan is under pressure from rising Chinese competition and US tariffs, which have eroded profit margins and threaten its survival. The plan's viability is uncertain, and its success will depend on execution amid structural headwinds. This matters as VW is a bellwether for European auto sector and broader manufacturing competitiveness.
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