Volkswagen to continue supporting Wolfsburg despite crisis

NAMPA / DPA
2025-01-23
Hanover, Germany (dpa) - German carmaker Volkaswagen plans to continue supporting their Bundesliga club despite its multi-billion euro restructuring program, the group's CEO Oliver Blume told the Wolfsburger Allgemeine Zeitung and the Wolfsburger Nachrichten newspapers. Europe's largest car manufacturer is suffering from low capacity utilization at its plants and wants to reduce technical capacity at its German sites by over 700,000 vehicles. In......
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