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Volkswagen's passenger car brand aims to increase earnings by around 10 billion euros by 2026 to hit its return on sales target of 6.5%, Chief Financial Officer Arno Antlitz posted on LinkedIn on... | June 14, 2023
By Pierre Bertrand Volkswagen unveiled Wednesday a global performance program aimed at achieving greater efficiency and higher profits at lower cost. The German auto-maker said the... | June 14, 2023
VW brand will streamline its lineup to focus on volume models and share more production with other group brands to boost profitability.
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
German auto giant Volkswagen unveiled a plan Wednesday to more than double its flagship VW brand's return on sales and increase earnings by around 10 billion euros by 2026.