Volkswagen's CEO is focused on avoiding plant closures while addressing cost-cutting measures amid growing competition, especially in the Chinese market.
Volkswagen is facing cost-cutting pressures
Jul 12, 2026
05:56 pm
What's the storyVolkswagen's Chief Executive Officer (CEO) Oliver Blume is working to avoid plant closures.
He revealed this in an interview with Bild am Sonntag newspaper.
VW CEO looks to avoid plant closures, prefers other ways to cut costs
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