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Tag: costcutting
Porsche to intensify cost-cutting measures amidst tariff pressures
Porsche is facing challenges in the luxury car market, particularly in China and the United States, prompting the…
Mercedes-Benz cost-cutting measures
Mercedes-Benz has recently come to an agreement with its works council to implement staff buy-outs and reduce planned…
Volkswagen CEO outlines urgent cost-cutting measures
Volkswagen Group CEO Oliver Blume recently emphasized the critical need for urgent measures to reduce labor costs and…
Volkswagen cost-cutting programme
Volkswagen’s CEO Oliver Blume has recently acknowledged the urgent need for a comprehensive cost-cutting program to address what…