Business & Finance
VW's CEO Wins Backing for Turnaround Plans
Key Points
Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals. Melanie Boeff explains.
Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals.
Melanie Boeff explains. (Source: Bloomberg)