In its annual figures, the company said that earnings fell from €12.4 billion ($14.45 billion) to €6.9 billion year on year.

Volkswagen CEO Oliver Blume said the VW Group would cut “around 50,000 jobs by 2030” across Germany.

    • SaveTheTuaHawk@lemmy.caEnglish
      3·
      19 hours ago

      How long did they think they could just fuck over customers and not lose sales? Are the Japanese makers the only industry that understands that happy customers buy your cars forever?

      • Goldholz @lemmy.blahaj.zoneEnglish
        1·
        16 hours ago

        They basicly killed the out by law for fossile fuel cars so ye they think they constantly can get away with it forever