VW CEO Proposes Cost-Cutting Measures
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VWDPA International
•VW boss Blume says company's cost-cutting goals are set
73% Informative
VW Group CEO Oliver Blume sees no alternative to tough cost-cutting measures at Volkswagen .
VW 's works council has said at least three plants in Germany could be closed.
VW wants to reduce collectively agreed wages by 10% in collective bargaining negotiations.
VW is actually in a good position compared to its competitors, Blume says.
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