Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.
Volkswagen is trying to implement a comprehensive cost-cutting programme with up to 100,000 job losses, double the amount previously planned, by 2030 and the potential contraction or closure of several plants.
It doesn’t even mean anything to drive an Audi or BMW anymore. A Hyundai or Chinese brand can give you the same functionality at an equal or cheaper cost. Their cars don’t even stand out anymore due to their SUV focus. It’s hard for a luxury brand to recover its image once it loses its lustre.