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Volkswagen third-quarter profit slumps as major overhaul looms | REUTERS

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October 30, 2024

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Volkswagen said third-quarter operating profit was down 42% - its lowest in three years. The German automaker is currently locked in a battle with unions over a proposed overhaul involving plans to lay off thousands of staff and potential plant closures.

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Volkswagen third-quarter profit slumps as major overhaul looms | REUTERS · Reuters · Sentinel