VW's Blume says cost cuts must be accelerated in response to tariffs

VW's Blume says cost cuts must be accelerated in response to tariffs

[Times Live - South Africa] - 25/07/2025
Volkswagen faced "major challenges" at the start of the year due to the unforeseen impact of US import tariffs, CEO Oliver Blume said on Friday, adding the company must intensify its cost-cutting efforts in response.
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