VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales
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Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands Business live – latest updates Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands Business live – latest updates Europe’s largest automaker, Volkswagen, is to shed 50,000 jobs by the end of the decade, as it faces falling sales in China and North America and punitive US tariffs imposed by Donald Trump . The 10-brand
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