Automaker: VW Supervisory Board Approves Restructuring Plan
The Volkswagen Supervisory Board approved the restructuring plan presented by the Executive Board. The vote was unanimous, the company announced on Thursday after a meeting of the Presidium.
Volkswagen's supervisory board has unanimously approved the company's restructuring plan. The plan aims to make the Volkswagen Group and its brands more efficient, competitive, and future-oriented. The board believes implementing the plan is crucial to maintaining and securing the company's competitiveness in the long term. Further details were not disclosed. The approval comes after a meeting of the supervisory board's presidium on Thursday.
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.
This story
This is one outlet's version. Read the fullest account.
