FRANKFURT, Feb 28 (Reuters) - German carmaker Volkswagen aims to cut two billion euros ($2.5 billion) in costs over this year and next, German magazine Der Spiegel said in a preview of an article due to be published on Monday. Volkswagen, Europe's biggest carmaker, said on Friday it would cut costs and reduce investment after profits more than halved last year and sales of its latest Golf V hatchback made a weak start. Der Spiegel said without mentioning sources the company might not be ...
Premium Content (PAID Subscription Required)
"Volkswagen aims to cut 2 bln euro costs - Spiegel" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.