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Volkswagen Faces Defining Test as CEO Pushes for Deep Cost Cuts

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2026-07-08 08:13:45
Volkswagen AG CEO Oliver Blume, who has spent nearly four years pushing Europe’s biggest carmaker to find savings, is set to press for deeper cost cuts, according to Bloomberg.

On Thursday, Blume will try to persuade Volkswagen’s internal factions — described as warring — that significantly more savings are needed.
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