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Volkswagen passenger cars targets €10 billion of efficiency gains

BERLIN :Volkswagen's passenger car brand will implement savings and cost-cutting measures amounting to 10 billion euros ($10.83 billion) by 2026 to hit a return on sales target of 6.5 per cent, a spokesperson said on Wednesday.Chief Financial Officer Arno Antlitz posted on LinkedIn earlier on Wednesday that t
Thomas Schaefer Arno Antlitz Volkswagen Group Financial Officer Arno Antlitz

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