Today: Blume reveals details about VW's restructuring | Diesel could become more expensive
The VW chief announces tough cutbacks in Germany before the workforce in Wolfsburg. And: The price of diesel is rising. It's not just the Iran war that's to blame.
Volkswagen is facing a major restructuring, putting tens of thousands of jobs and four German plants at risk. The company's workforce is uncertain, with the first of nine extraordinary works assemblies taking place in Wolfsburg, where the board will discuss its savings plans. The VW Supervisory Board is set to decide on the restructuring on September 4. Meanwhile, fuel prices in Germany have risen, with the average price of a liter of petrol increasing by 16% over the past two months to €2.22 on Monday.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
