Volkswagen committed to European plants - CEO

Newswire

VIENNA, April 27 (Reuters) - German carmaker Volkswagen will keep its plants in Europe despite weak markets in the region that will require flexible manufacturing and could entail cuts to temporary staff, Chief Executive Martin Winterkorn said. Winterkorn had told shareholders in Europe's top carmaker on Thursday to brace for a tough year given faltering European consumer demand that is punishing the sector. In an interview with Austrian broadcaster ORF aired ...

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