Volkswagen (ETR:VOW3) said its Supervisory Board has unanimously approved the Group Target Picture 2030, a broad transformation plan aimed at improving profitability, reducing complexity and reshaping its production, technology and organizational footprint. Chief Executive Officer Oliver Blume said the plan is built around 12 initiatives in three areas: technology, performance and steering. The company’s target [...]
Volkswagen Targets 10% Margin by 2030 With €135B Plan, 50,000 Job Cuts
