www.mediafax.ro/economic/volkswagen-se-prabuseste-

Volkswagen reported a net loss of €5.82 billion in Q3 2026, prompting significant cost-cutting measures and job reductions. The company aims to cut costs by 20% by 2028, with plans to eliminate over 35,000 jobs in Germany by 2030 and an additional 50,000 globally. Production capacities at several plants remain uncertain, exacerbated by weak sales in China and increased global competition. These challenges complicate the company's recovery strategy and increase pressure on CEO Oliver Blume.