Volkswagen passenger cars targets 10 bn euros of efficiency gains
Chief Financial Officer Arno Antlitz posted on LinkedIn earlier on Wednesday that the company would improve production efficiency across the passenger cars brand as well as at CUPRA, Skoda and SEAT, and streamline its product range to achieve the target. Not all of the 10 billion euros saved will flow directly into higher earnings, the spokesperson said, adding it was not yet decided how the money would be allocated.
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