Volkswagen Is in Deep Trouble, and the Cost-Cutting Measures Won't Be Enough To Save It
autoevolution
DECEMBER 23, 2023
Volkswagen was the biggest carmaker in the world for some time, but things went downhill in 2020. This coincides with the rise of electric vehicles, a wave that the German company was supposed to ride like a pro. However, a series of bad decisions brought the giant company to its knees, and the cost-cutting measures announced recently might not be enough to save it.
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