German car manufacturer Volkswagen reports an accelerated fall in second-quarter sales amid ongoing industrial struggles, with potential plans for significant global workforce cuts under review.
AI disclosure: Summarised from a single named source by an AI model with editorial rules; links to the original report.
According to The Local, Volkswagen confirmed on Friday that its sales decline intensified during the second quarter. The German automotive group is currently facing a deepening crisis, with reports suggesting that management is weighing the possibility of cutting up to 100,000 jobs worldwide.
Source: The Local. Read the original report ↗
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