German automaker Volkswagen plans to cut 50,000 jobs by 2030 as profits fall due to increased competition with Chinese automakers and U.S. tariffs.

Lo annuncia l’ad Oliver Blume con una lettera agli azionisti. Già a giugno era stato ribadita l’uscita di 35 mila lavoratori per aumentare la redditività e rid…

Europe's largest carmaker said post-tax profits had dropped to their lowest level since 2016.