The restructuring of Volkswagen AG, a saga that has been quietly unfolding on three continents, is expected to bring automotive manufacturing in Germany kicking and screaming into today’s competitive world. It is a pivotal time for the storied German group that includes VW, Audi, Bentley, SEAT, Skoda, Lamborghini and Bugatti. It has troubles at home and abroad, specifically in North America and China. Restructuring of VW’s once-lucrative operations in China already are being revamped, ...

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