Volkswagen brand cost-cutting plan running behind schedule

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Volkswagen brand cost-cutting plan running behind schedule
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Bruce Cockburn: 50 years of music, spirituality and social justice | SaltWireBERLIN - Volkswagen is running behind schedule in defining key measures of a planned 10 billion euro cost-cutting drive for its namesake brand, two people familiar with the matter said, as talks with powerful labour leaders drag on.

Volkswagen has said that cost-cutting plans would include focusing on fewer high-volume models as well as streamlining production of VW passenger cars, SEAT/CUPRA and Skoda. A Volkswagen brand spokesperson confirmed that talks began with workers in early October and that it would not comment further on the timeline or content of discussions.

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