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The Economic Times

Top News / The Economic Times

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What are the key issues in Volkswagen's restructuring efforts?

Volkswagen's board will meet July ninth to discuss a major transformation plan. This plan includes potential closures of four German plants and significant job cuts. The company is also reviewing its structure and may spin off business divisions. Management and labor representatives will likely begin months of talks on these proposals. The outcome could involve shifting production or phasing out models at affected sites.

8 Jul 2026 3:20 pm