Mass job cuts loom at VW as profits fall steeply on China sales slump
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Source: Guardian Australia
Published: 2026-07-24 20:34 UTC+10:00
Section: Volkswagen (VW)
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, China, Business & Economy, Asia Pacific
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Snippet:
Carmaker expects to sell 3% fewer vehicles this year as it pushes through a programme that could eliminate 100,000 roles
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