Volkswagen and Mercedes are weakening
“Is that our ambition? No of course not.”
Volkswagen and Mercedes are experiencing a first quarter to forget. Sales, sales, profits – everything is declining. The car manufacturers’ CFOs are reassuring that things will get better as the year progresses. But VW is initially setting aside 900 million euros for severance payments in the second quarter.
April 30, 2024, 5:27 p.m