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Associated Press·2 min read·medium

Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs - AP News

Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs - AP News
AI Summary

Volkswagen CEO Oliver Blume is seeking to cut costs and improve efficiency without resorting to plant closures. The automaker is facing intense competition in China and is currently streamlining its model lineup to improve profitability.

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