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Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs

Volkswagen CEO looks to avoid plant closures as automaker moves to cut costs
Photo: KPRC 2 / Click2Houston (NBC) · view original

Volkswagen's CEO indicated in comments published Sunday that he's trying to avoid closing plants as he seeks to turn around the automaker's performance.The Wolfsburg, Germany-based company faces pressure to cut costs at home and increasingly intense competition in the lucrative Chinese market, in...

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